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As you know, I'm still trying to figure out a way to increase India's defense budget to make her stronger. Here's my latest attempt.
India's economy at 1.2 trillion dollars is bigger than Mexico's 1.1 trillion or Turkey's 730 billion. See List of countries by GDP (nominal) - Wikipedia, the free encyclopedia
However, it is strange that India's tax revenue is lower than both Mexico and Turkey. See https://www.cia.gov/library/publications/the-world-factbook/geos/in.html
India's budget is:
revenues: $126.7 billion
expenditures: $202.6 billion (2008 est.)
Mexico's budget is:
revenues: $257.1 billion
expenditures: $258.1 billion (2008 est.)
Turkey's budget is:
revenues: $160.5 billion
expenditures: $173.6 billion (2008 est.)
If India can collect tax revenues comparable to Mexico then India should have another 55 (i.e. 257 revenues - 202 expenditures) billion dollars to spend. Here we go guys. I have just found a way to increase India's defense budget from 32 billion to 87 billion; an increase of 150%. Listen up Tata, you're paying more in taxes from now on. You too Ambani. No more frivolous billion dollar skyscraper toys for you. See http://news.bbc.co.uk/2/hi/6712605.stm
India's economy at 1.2 trillion dollars is bigger than Mexico's 1.1 trillion or Turkey's 730 billion. See List of countries by GDP (nominal) - Wikipedia, the free encyclopedia
However, it is strange that India's tax revenue is lower than both Mexico and Turkey. See https://www.cia.gov/library/publications/the-world-factbook/geos/in.html
India's budget is:
revenues: $126.7 billion
expenditures: $202.6 billion (2008 est.)
Mexico's budget is:
revenues: $257.1 billion
expenditures: $258.1 billion (2008 est.)
Turkey's budget is:
revenues: $160.5 billion
expenditures: $173.6 billion (2008 est.)
If India can collect tax revenues comparable to Mexico then India should have another 55 (i.e. 257 revenues - 202 expenditures) billion dollars to spend. Here we go guys. I have just found a way to increase India's defense budget from 32 billion to 87 billion; an increase of 150%. Listen up Tata, you're paying more in taxes from now on. You too Ambani. No more frivolous billion dollar skyscraper toys for you. See http://news.bbc.co.uk/2/hi/6712605.stm