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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 2021 a guide to 'self-reliant India', says home minister Amit Shah Union home minister Amit Shah 3 min read Share Via Read Full Story Terming the Budget 2021 a guide to "self-reliant India", home minister Amit Shah said, "Union Budget has strengthened Prime Minister Narendra Modi's efforts towards doubling farmers' income and making India the fastest growing economy in the world." In a series of tweets in Hindi, Shah lauded the budget presented by Finance Minister Nirmala Sitharaman. The "all-inclusive budget" was prepared under the guidance of the Prime Minister amidst the coronavirus...