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Wed, May 9, 2012 10:33 CET
In an effort to prepare the Indian Armed Forces against the 'emerging axis' between Pakistan and China, the Indian Defense Ministry is seeking an additional INR 45,716 Cr (USD 8.5 Billion) over the 2012-13 budgetary allocation of INR 193,407 Cr (USD 39 Billion) taking the total of INR 239,123 Cr (USD 44.7 Billion).
Defense Minister A K Antony is now requesting the additional eight billion because of the "the changing security scenario" involving China and Pakistan.
Speaking in upper house of the Indian Parliament on Monday, Antony said, "The growing proximity of China and Pakistan is a cause of worry. We have to take a second look at the defence budget in light of the changing threat perceptions".
The Indian Army plans to build up combat units in its northern border with China and station fighter jets there besides improving its transport and command and control there in view of the Chinese threat.
Indian MoD Seeks USD 8.5 Billion To Deal With Pakistan, China 'Emerging Axis' : Defense news'
In an effort to prepare the Indian Armed Forces against the 'emerging axis' between Pakistan and China, the Indian Defense Ministry is seeking an additional INR 45,716 Cr (USD 8.5 Billion) over the 2012-13 budgetary allocation of INR 193,407 Cr (USD 39 Billion) taking the total of INR 239,123 Cr (USD 44.7 Billion).
Defense Minister A K Antony is now requesting the additional eight billion because of the "the changing security scenario" involving China and Pakistan.
Speaking in upper house of the Indian Parliament on Monday, Antony said, "The growing proximity of China and Pakistan is a cause of worry. We have to take a second look at the defence budget in light of the changing threat perceptions".
The Indian Army plans to build up combat units in its northern border with China and station fighter jets there besides improving its transport and command and control there in view of the Chinese threat.
Indian MoD Seeks USD 8.5 Billion To Deal With Pakistan, China 'Emerging Axis' : Defense news'