Abstract
It is now more than five years since India was compelled to expand her armed forces, and to sustain herself in a state of military preparedness. In this period, the country has had to fight a war at high altitudes at divisional level, a border skirmish in salty marshes, and a short limited war involving more than twelve divisions on both sides. National security is one of our prime concerns today, and at different levels and in different areas, both external and internal aspects of national security are enmeshed, thus presenting an increasingly complicated picture. The present moment is an appropriate one when an analytical as well as extrapolatory look can be taken at India's defence expenditure, what it has achieved, the areas where the effort appears to be inadequate, and what a reasonable projection of future defence expenditure might be.
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