DN - Defence Notes

Indian defence budget to rise… but not by enough

7th February 2019 - 10:39 GMT | by Gordon Arthur in Hong Kong

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On 1 February, the Indian government announced a FY2019/20 interim defence budget amounting to INR3.019 trillion ($42.7 billion), excluding pensions, the highest ever figure in the nation’s history. This figure marks a year-on-year increase of 8.08%, but many analysts are complaining it is insufficient to ...

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