Defence Budget 2017-18: What the Macro-Economic Factors Foretell
If the defence expenditure relationship to the GDP of 1.65 per cent is maintained, we may see a budget estimate (BE) for defence expenditure of Rs. 285,000 crores, against the current year BE of Rs. 249,099 crores.
- Vinay Kaushal |
- January 31, 2017 |
- Issue Brief