India’s Defence Ministry Is World’s Biggest Employer: ‘Statista’ report

India’s Defence Ministry Is World’s Biggest Employer: ‘Statista’ report

• India’s Ministry of Defence is the world’s biggest employer with 2.92 million people, which includes combined active service personnel, reservists and civilian staff, according to a report in ‘Statista’. A touch ahead of the United States equivalent, the Department of Defense.
• Statista is a Germany-based private organisation that provides data and statistics about various issues worldwide.
• According to Stockholm International Peace Research Institute (SIPRI), the five largest spenders in 2021 were the United States, China, India, the United Kingdom and Russia, together accounting for 62 per cent of expenditure. The total global military expenditure reached USD 2113 billion in 2021.
• US military spending amounted to USD 801 billion in 2021 while China, the world’s second-largest spender, allocated an estimated USD 293 billion to its military. Meanwhile, the SIPRI report says India’s military spending of USD 76.6 billion ranked third highest in the world.

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Published date : 02 Nov 2022 05:30PM