An Analysis of Military expenditure in Hindustan and Pakistan to Their Security Conditions

Abstract

Military expenditure is one of the most closely scrutinized aspects of government spending. There is a serious need for the link between military spending and development, the causes of military spending, or patterns of military spending. What a country spends on military measures or resources is known as defense expenditure. Both Hindustan and Pakistan is developing countries in South Asia with a common past. India is a fully democratic country, but Pakistan has a mix of democratic and military administration. Defense versus development is a constant topic of discussion among academics, army personnel, especially strategic studies or social science intellectuals. As a result, military budget analysis is a hot issue in economics in general, defense economics in particular. The prosperity and defense of a country cannot be ignored. Defense spending is a necessary evil for nation-states. The main goal of this article is to see how India or Pakistan justify their defense spending in the light of their respective security and threat situations. Those who will study this paper in future will have better understanding of defensive details.