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‘Not conducive': Parliamentary panel warns against defence funding cut 

The committee observe that out of the total budgetary allocation of ₹3,43,822.00 in 2020-21, only ₹2,33,176.70 have been utilised by the ministry up to December 2020.

The panel, in its previous reports, had recommended making capital budget
The panel, in its previous reports, had recommended making capital budget "non-lapsable" and "roll-on" in nature. (Image for representational purpose only)
Updated on Mar 17, 2022 02:45 PM IST

China sets GDP target at 5.5%, ups defence budget to 1.45 trillion yuan

While the GDP figure is China's lowest goal in decades, the country's official defence outlay has crossed the $200 billion mark for the second time, the first being in 2021.

A J-16 fighter jet at a training base for People’s Liberation Army (PLA) naval aviation force in China’s Zhejiang Province. (AP/File)
A J-16 fighter jet at a training base for People’s Liberation Army (PLA) naval aviation force in China’s Zhejiang Province. (AP/File)
Published on Mar 06, 2022 04:47 AM IST
BySutirtho Patranobis, Beijing

Japan approves record defence budget amid China threats

The figure marks the 10th straight increase in annual defence spending and exceeds a ceiling of 1% of the gross domestic product that the pacifist country has largely maintained for decades.

Japan’s cabinet approved a record defence budget of 5.4 trillion yen ($47.2 billion) for the year.
Japan’s cabinet approved a record defence budget of 5.4 trillion yen ($47.2 billion) for the year.
Published on Dec 24, 2021 08:30 AM IST
Bloomberg | , Japan

China hikes defence budget to $209 bn, 40% increase in army renumeration

Friday’s increase is over three times higher than India’s defence budget of about USD 65.7 billion (including pensions).

China is the second biggest spender of defence after the US. (AP Photo/Mark Schiefelbein)(AP)
China is the second biggest spender of defence after the US. (AP Photo/Mark Schiefelbein)(AP)
Published on Mar 05, 2021 01:03 PM IST
PTI | , Beijing

Focus should be on providing defence equipment to smaller nations: PM Modi

The Prime Minister, while addressing the webinar on effective implementation of budget provisions in the defence sector, outlined that India is manufacturing defence equipment to more than 40 nations.

Prime Minister Narendra Modi rides in an Army tank at Longewala in Jaisalmer in this file picture from 2020. The Prime Minister on Friday said that India needs to shed off its import-dependent status and fast track its defence manufacturing capabilities. (PTI File Photo)
Prime Minister Narendra Modi rides in an Army tank at Longewala in Jaisalmer in this file picture from 2020. The Prime Minister on Friday said that India needs to shed off its import-dependent status and fast track its defence manufacturing capabilities. (PTI File Photo)
Updated on Feb 22, 2021 12:56 PM IST
By | Edited by Shankhyaneel Sarkar, Hindustan Times, New Delhi
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