PlanetWarrior
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Yup. But the attitude in India is different. We would still spend the same on defence even after peace with china, simply because its a national pride thing and we have the cash to do both. Peace with china would just decrease our speed, not change our Aim.
Here is some data
World spending on Education:
Public spending on education, total (% of GDP) | Data | Table
World military expanditure:
Military expenditure (% of GDP) | Data | Table
for the four years in the table , Education spending alone is higher than military.
That means we are not cutting corners , at least significantly from Social development.
Note : the case is just the opposite for Pak eductaion is to the tune of 2%+ and military is to to tune of 3%+ while for india military is 2%+ and education is 3%+
So, in a nutshell, you really don't believe that a reduction of arms spending will help India develop the educational and social needs of its people ?