Defence Budget 2018-19 Dashes Hopes For Modernisation

[Kao Boy]

While the government has increased the defence budget by 5.91 per cent for FY 2018-19 to Rs 2,95,511.41 crore, the allocation is estimated at around 1.58 per cent of the GDP — the lowest since 1962 once again dashing the hopes for any major jump in military modernisation despite heightened tensions confronting Pakistan and China along the unsettled borders. An additional amount of Rs 1,08,853.30 crore has been provided for defence pensions. The defence budget, which will account for 12.10 per ..

Read more at:
http://www.indiandefencereview.com/news/defence-budget-2018-19-dashes-hopes-for-modernisation/

 

[Water Car Engineer]

Should be 2%+.

 

[SingaporeGuy]

KSA has a higher budget...be ashamed guys