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Contents

SIPRI Yearbook 2011

SIPRI Yearbook 2011

V. India

Chapter:
4. Military expenditure
Source:
SIPRI Yearbook 2011
Author(s):
Sam Perlo-Freeman, Julian Cooper, Olawale Ismail, Elisabeth Sköns, Carina Solmirano

India’s military expenditure in 2010 was an estimated 1888 billion rupees ($41.3 billion), 2.8 per cent lower in real terms than in 2009 but 54 per cent higher than in 2001.46 The decline in 2010, the first fall in Indian military spending since 2002, appears to reflect a ‘rebalancing’ in relation to economic growth rates. In the mid-2000s, annual GDP growth rates of 8–9 per cent meant that the military burden fell from 3.0 per cent of GDP in 2001 to 2.3 per cent in 2007, but slower economic growth in 2008–2009 had raised the burden to 2.8 per cent in 2009 and an estimated 2.7 in 2010.

Citation (MLA):
Perlo-Freeman, Sam, Julian Cooper, Olawale Ismail, Elisabeth Sköns, and Carina Solmirano. "4. Military expenditure." SIPRI Yearbook. SIPRI. Oxford: Oxford University Press. 2016. Web. 16 Dec. 2018. <http://www.sipriyearbook.org/view/9780199695522/sipri-9780199695522-div1-38.xml>.
Citation (APA):
Perlo-Freeman, S., Cooper, J., Ismail, O., Sköns, E., & Solmirano, C. (2016). 4. Military expenditure. In SIPRI, SIPRI Yearbook 2011: Armaments, Disarmament and International Security. Oxford: Oxford University Press. Retrieved 16 Dec. 2018, from http://www.sipriyearbook.org/view/9780199695522/sipri-9780199695522-div1-38.xml
Citation (Chicago):
Perlo-Freeman, Sam, Julian Cooper, Olawale Ismail, Elisabeth Sköns, and Carina Solmirano. "4. Military expenditure." In SIPRI Yearbook 2011: Armaments, Disarmament and International Security, SIPRI. (Oxford: Oxford University Press, 2016). Retrieved 16 Dec. 2018, from http://www.sipriyearbook.org/view/9780199695522/sipri-9780199695522-div1-38.xml
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