Tradeoff among Defense, Environment and Development Expenditure: Evidence from India

This paper is set out to find the relationship, if any, between Defense spending, Economic development spending and environment for India, discuss policy implications of empirical results. Since India has one largest defense budgets within Asian countries as well Quadrilateral Security Dialogue (Quad). The Quad a strategic forum informal nature. It comprises four nations, namely – Australia, USA Japan. One primary objectives work free, open, prosperous inclusive Indo-Pacific region. question important India’s future economic well-being political stability. Taking into account difficulties present in previous military expenditure studies, an econometric model was specified empirically tested using Indian data 2010-2020. Results suggested that there positive linkage development, but relationship cannot be concluded. part study defense-development expenditures on health education proxies. findings are tradeoffs expenditure. However, seems no clear picture environmental compared both