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Budget 2021: Small increase in defense spending even as China standoff simmers

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. ....

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Budget 2021 a guide to 'self-reliant India', says home minister Amit Shah

Budget 2021 a guide to self-reliant India , says home minister Amit Shah
Union home minister Amit Shah
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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 pandemic, Shah added.
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