India-China disengagement in eastern Ladakh: Fine print the accord
The areas between the Indian position in Finger 3 and Finger 8 will effectively become a no patrolling zone till a resolution on future deployment is reached, defence experts said
(Photo: AP)Premium
. Updated: 11 Feb 2021, 04:50 PM IST PTI
India-China disengagement pact mandates Beijing to move troops to Finger 8 from Finger 4 in Pangong area and Indian troops will be based at their permanent location at Dhan Singh Thapa post near Finger 3 areas
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NEW DELHI :
Under the India-China agreement on the disengagement process in eastern Ladakh, the Chinese army will pull back its troops to east of Finger 8 areas in the northern bank of Pangong lake, Defence Minister Rajnath Singh said in Parliament on Thursday, in what is seen as a significant step to dial down tensions in the key face-off site.
Defence Minister Rajnath Singh informed Parliament of a detailed disengagement plan reached nine months after the border crisis broke out, emphasising that India is not giving up any of its claims and that the situation, as of March last year, will be restored at the Finger Area.
Budget 2021: Small increase in defense spending even as China standoff simmers
India is among the world’s top five military spenders, most of the funds allocated for defense forces go toward the salaries of about 1.3 million serving personnel, pensions, infrastructure development, and repairs
(Photo: Reuters)
Sudhi Ranjan Sen
, Bloomberg
Overall, defense spending increased to ₹3.47 trillion, up from ₹ 3.43 trillion in the previous financial year, budget documents indicate
India’s expenditure is about a quarter that of China’s in May 2020, Beijing announced a yearly defense budget $178.6 billion
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India increased its defense spending by about 1%, throwing the timing of its military modernization program into doubt while it faces a protracted standoff with China along their disputed Himalayan border.
Union Budget 2021: Rs 4.78 Lakh Crore Allocated for Defence, 19% Increase in Capital Outlay
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At a time Indian and Chinese troops are locked in a standoff in eastern Ladakh, the government on Monday increased the capital outlay for the armed forces by nearly 19 per cent while allocating a total of Rs 4.78 lakh crore for defence budget for 2021-22 as against Rs 4.71 lakh crore last year. Rs 1.35 lakh crore has been set aside for capital expenditure that includes purchasing new weapons, aircraft, warships and other military hardware, according to the Union Budget presented in the Lok Sabha by Finance Minister Nirmala Sitharaman.
Defence Budget 2021: Rs 4.78 lakh crore allocated for defence, 19 percent increase in capital outlay
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Defence Budget 2021: Rs 4.78 lakh crore allocated for defence, 19 percent increase in capital outlayPTI
Last Updated: Feb 01, 2021, 09:29 PM IST
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Rs 1.35 lakh crore has been set aside for capital expenditure that includes purchasing new weapons, aircraft, warships and other military hardware, according to the Union Budget presented in the Lok Sabha by Finance Minister Nirmala Sitharaman.
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An Indian Air Force (IAF) Apache helicopter flies over Leh, the joint capital of the union territory of Ladakh bordering China, on January 14, 2021
NEW DELHI: In a marginal hike of around 1.4 percent, the defence budget has been increased to Rs Rs 4.78 lakh crore for 2021-22 as against last year s allocation of Rs 4.71 lakh crore while it has emerged that the armed forces spent an additional amount of Rs 20,776 crore under the capital outlay to buy military hardware