Tuesday, March 20, 2012

India's defence budget: Absence of strategic vision | ummid.com

India's defence budget: Absence of strategic vision | ummid.com
The Indian defence expenditure for the financial year 2012-13 has been budgeted at a fairly high figure of Rs.193,407 crore (budgeted expenditure, or BE) which converts to $38.5 billion and is not unreasonable -- but is well below China's corresponding figure of $100 billion.