India to increase military budget 17% to Keep Pace With China

[JayAtl]

Continuing Buildup, China Boosts Military Spending More Than 11 Percent


http://www.nytimes.com/2012/03/05/w...s-military-spending-more-than-11-percent.html

 

[AADHAAR]

SIPRI estimates 2.1% of GDP for china and 2.7% of GDP for india
where did you get that 3% from? ur rear end? even the US DOD does not cite 3%

source :http://www.sipri.org/research/armaments/milex/resultoutput/15majorspenders

sipri doesn't quote the source for defence budgets, it only says that gdp numbers are IMF "estimates".

you can look at publicly available indian budget FY 2012-13 numbers at:

UNION BUDGET & ECONOMIC SURVEY
(see Budget at a glance).

defence budget: ₹ 1.93 lakh crore
gdp (fy 2012-13): ₹ 100 lakh crore

for fy 2011-12 the numbers were ₹ 1.64 lakh crore and ₹ 88 lakh crore

 

[JayAtl]

Translation: buy even more foreign weapons.

.

see highlighted: translation : Indian tech will also be 20 years ahead of Chinese. you will keep manufacturing pintos while India has Ferraris in their arsenal. that's what your own military chief said. India has access to the best in the world.

Btw- how many were you making internally when you had the same $ as India's GDP?

 

[pike]

congratulation india

good news

I hope a 20% next year

 

[chengdusudise]

congratulaitons too

 

[pike]

very good news

 

[AADHAAR]

congratulation india

good news

I hope a 20% next year

thanks mate .... while we keep the ratio to gdp constant.


... and the split of 20% remains even between inflation and real gdp growth.


It nice to know that chinese understand that India's peaceful rise is good for them, not bad.

very good news

wow .. thanks for being double happy at India's rise.

you give a feeling you are more a nice canadian .. than a chinese.

 

[RoYaL~GuJJaR]

congratulation india

good news

I hope a 20% next year

Thanks..I hope that too

congratulaitons too

Thank you

very good news

yay!! Why not ?

 

[DEV444]

sipri doesn't quote the source for defence budgets, it only says that gdp numbers are IMF "estimates".

you can look at publicly available indian budget FY 2012-13 numbers at:

UNION BUDGET & ECONOMIC SURVEY
(see Budget at a glance).

defence budget: ₹ 1.93 lakh crore
gdp (fy 2012-13): ₹ 100 lakh crore

for fy 2011-12 the numbers were ₹ 1.64 lakh crore and ₹ 88 lakh crore

Sir,

Actually it is the capital allocation part of the defence budget that is all important because this is the actual budget available for purchase of weapons,aircrafts,etc and this year the defence budget has allocated Rs.79,578 crore towards capital expenditure as against Rs. 69,199 crore for 2011-12. Should be interesting to see the comparative Chinese figures.

 

[alok mishra]

our defence expenditure is still 1.9% of GDP so not necessary to do any worthless discussion.

 

[Malik Usman]

India not only Larger Importer of Weapons but also the larger country with poor peoples which are mostly even living the below line of poority.....Their govt. must spend that money on the peoples to improve their life rather to buy more weapons......May be they have plan to kill their own peoples at once with large and big weapons to reduce poority and population...lolz

 

[dearone4u_22]

very good news

i don't understand what the fuss is all about ..even if we spend all the money on buying weapon ..our policy requires to reinvest 50% of the value in india and local JV devlopment.....

Is it that difficult for this chinese to understand or do u guys get 50 cent even to post just smileys like this or is it per smiley...

 

[CaptainJackSparrow]

It's definitely not enough but we don't have more money.

 

[Jade]

congratulaitons too

Thanks mate, a 20% hike next year would mean our defence budget would cross next year $50 b

 

[God of Death]

India not only Larger Importer of Weapons but also the larger country with poor peoples which are mostly even living the below line of poority.....Their govt. must spend that money on the peoples to improve their life rather to buy more weapons......May be they have plan to kill their own peoples at once with large and big weapons to reduce poority and population...lolz

- Off topic

- Inhuman

- Racist

- Calling for genocide and laughing on the thought of the death of innocent


Mods don't delete his post but ban him if you rules are rules for everybody