SIPRI’s latest data on Trends in World Military Expenditure, 2024, shows China spent $314 bn on its military in 2024, India spent $86.1 bn, while Pakistan spent $10.2 bn.
European Commission President Ursula von der Leyen presented the plan Tuesday ahead of an emergency European Council meeting on 6 March. It also proposes a €150 bn common defence fund.
Defence spending saw an annual increase of 9 percent between 2013-14 & 2025-26, a PRS analysis, published on 4 Feb, showed. In FY 2025-26, Centre allocated Rs 6,81,210 cr to the MoD.
The biggest increase in defence allocation is in the pension category—it constitutes 23.60 percent of the total allocation and stands at Rs 1,60,795 crore.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
It said that NATO member countries’ spending totaled 55% of world’s expenditure. Top spenders into 2023 were US, China & Russia, said Stockholm International Peace Research Institute.
NATO, in a policy document adopted during leaders' summit in Madrid last week, said China's 'coercive policies challenge' interests, security and values of member states.
Stockholm International Peace Research Institute says India's defence spending in 2021 was up 0.9% from 2020. Rise comes on back of border tensions and ‘Make in India’ push.
Nick Jonas is not trying to modernise the mangalsutra, but his gesture shows that choices can be equal. If commitment must be flaunted, it need not be gendered.
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