Reliability index 2
(good)
GDP
$1.2-trillion 2009
Budget
$34-billion,
estimated 2.7% of GDP. Includes $4-billion pensions, and
$5-billion MOD. Taken at Rs 50-US$1.
Usually 51% for operations & maintenance, 49% for capital
outlays including construction. Army 47%, Navy 17%, Air
Force 26%. The capital outlay is large, continuing a recent
trend, but there is a substantial modernization backlog to
be made up.
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