Page 2 - Military Spending
Military sees small increase in budget even as China standoff simmers
Both India and China have moved thousands of soldiers, tanks, artillery to the disputed border
 "Military sees small increase in budget even as China standoff simmers")
British govt announces largest military investment since Cold War
Prime Minister Boris Johnson said the extra spending reflected the need to upgrade military capabilities, with plans for a new space command and artificial intelligence agency
 "British govt announces largest military investment since Cold War")
Boris Johnson unveils largest military spend since the end of the Cold War
The mega investment plan will fund space and cyber defence projects and is expected to create thousands of new jobs
 "Boris Johnson unveils largest military spend since the end of the Cold War")
Defence budget may be slashed by 40%, may save Centre Rs 80,000 crore
Addressing an audience of defence analysts in Delhi, the MoD official confirmed reports that the government had ordered the military to limit its first quarter
 "Defence budget may be slashed by 40%, may save Centre Rs 80,000 crore")
India's defence cost: High on personnel and low on modernisation
The most recent Indian budgetary figures put India's defence expenditure for FY20 at $59.7 bn which is less than SIPRI's estimates and actually puts India at 5th, behind both Russia and Saudi Arabia.
 "India's defence cost: High on personnel and low on modernisation")
India to follow new policy of staggered procurement in major military buys
The chief of defence staff said government is adopting the new approach to encourage the domestic defence industry as total reliance on import will not serve the Make in India initiative
 "India to follow new policy of staggered procurement in major military buys")
Def Ministry approves procurement of military hardware worth Rs 5,100 crore
It was the first meeting of the DAC after appointment of the Chief of the Defence Staff
 "Def Ministry approves procurement of military hardware worth Rs 5,100 crore")
India to spend as much as $130 bn to modernise military in next 7 years
The plan includes procurement of a range of weapons, missiles, air defence systems, fighter jets, submarines and warships, drones, surveillance equipment
 "India to spend as much as $130 bn to modernise military in next 7 years")
Global military spending at new post-Cold War high, fueled by US, China
China, the second biggest spender, saw military expenditure rise 5.0 percent to $250 billion last year, the 24th consecutive annual increase.
 "Global military spending at new post-Cold War high, fueled by US, China")
Military spending rises to $1.8 trn, India among top 5 spenders: Report
The five top military spenders in 2017 were the US, China, Saudi Arabia, Russia and India.
