India earmarked ₹1.13 lakh crore as military capital expenditure in budget 2020-21 but revised estimates (RE) presented in Parliament by finance minister Nirmala Sitharaman show the military ended up spending ₹1.34 lakh crore on modernisation.
Updated on Feb 02, 2021 04:32 AM IST
The UK government on Thursday announced the establishment of a National Cyber Force manned with intelligence and military personnel as part of a £16.5 billion push in the defence sector as the country prepares for life out of the EU from January 1, 2021
Published on Nov 19, 2020 07:31 PM IST
Hindustan Times, London | Prasun Sonwalkar
If the defence spending allocated for 2020-21 is calculated against last year’s revised estimates of Rs 3.31 lakh crore, the increase is not even 2%. Finance minister Nirmala Sitharaman’s budget speech in Parliament on Saturday made no mention of defence except that national security was a top priority.
Updated on Feb 01, 2020 03:51 PM IST
We must ensure the success of Make in India because no nation can build security largely through imports.
Updated on Jul 10, 2019 08:58 AM IST
According to the SIPRI data, China was the second-largest military spender last year. Beijing increased its military expenditure by 5% to $250 billion in 2018. It accounted for 14% of global military spending. In contrast, India’s military spending went up by 3.1% to $66.5 billion. India accounts for 3.7% of the global defence spending.
Updated on May 01, 2019 09:07 AM IST
The party’s manifesto focuses on national security, rural India and the economy
Updated on Apr 08, 2019 10:46 PM IST
Trump has been pushing NATO members to increase their defence spending since he took office and has at times seemed prepared to leave the alliance, calling it “obsolete”.
Updated on Apr 03, 2019 09:38 PM IST
Hindustan Times, Washington |Yashwant Raj
China also aims to increase its defence spending by 7.5 percent for this year, compared with a planned 8.1 percent rise in 2018.
Updated on Mar 06, 2019 10:05 AM IST
Beijing, Hindustan Times |Sutirtho Patranobis
The interim budget includes a capital outlay of ₹1,08,248 crore for buying new weapons and systems at a time when the military has sharpened its focus on upgrading its capabilities with new fighter jets, submarines, artillery guns, missiles and other weapons.
Updated on Feb 02, 2019 11:44 AM IST
Budgetary constraints have slowed down the government’s efforts to scale up the military’s capabilities although India still remains the world’s largest importer of weapons.
Updated on May 26, 2018 08:50 AM IST
Unless India can address shortcomings in the defence sector with policies aimed specifically at attracting private-sector investors, its dreams of a defence overhaul face a disappointing reality.
Updated on May 08, 2018 01:20 PM IST
Bloomberg |Anjani Trivedi
Reports on defence spending such as the one by SIPRI that names India in the list of the top five defence spenders in the world do not always present the complete picture
Updated on May 03, 2018 05:55 PM IST
It unveiled the largest hike in its defence budget in more than a decade last week, with the outlay for fiscal 2018-19 crossing the Pakistani Rs 1 trillion-mark for the first time
Updated on May 01, 2018 07:39 PM IST