Defence Budget – Air Power Asia

Indian Defence Budget 2021-22 – Is it Enough?

anil chopra, air power asia, Defence Budget, India, Armed Forces

The total defence budget for 2021-22 saw only a marginal hike of around 1.4 percent. But the good news was that the Capital budget for modernisation jumped by nearly a 19 percent raise. Interestingly the figures released showed that an unbudgeted Rs 20,776 crore was additionally spent to buy military hardware to immediately beef upContinue reading “Indian Defence Budget 2021-22 – Is it Enough?”

Defence Budget – How Much India Must Afford

anil chopra, air power asia, Defence Budget, India, Threat Perception

Military budgets often reflect how strongly a country perceives the likelihood of threats against it, or the amount of aggression it wishes to conjure because of its global ambitions. A military budget (or military expenditure), also known as a defence budget, is the amount of financial resources dedicated by a state to raising and maintaining an armed forces or other means essential for defence purposes. FinancingContinue reading “Defence Budget – How Much India Must Afford”

China’s Economy Shrinks, Defence Budget 2020 Up 6.6%

anil chopra, air power asia, China, Defence Budget

Coronavirus hit China’s economy shrank 6.8% in the first quarter of 2020 compared with a year earlier. China’s defence spending in 2020 will rise 6.6% from 2019, according to a report issued at the opening of the country’s annual meeting of parliament on 21 May 2020. The growth is slower than last year, 2019, whenContinue reading “China’s Economy Shrinks, Defence Budget 2020 Up 6.6%”