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Rapid Fire March 19, 2012: India’s 2013 Budget

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* India is increasing its defense budget for 2012-13 by 17% to Rs 1,93,407 crore (about $38.5B). The Business Standard opines that the nominal double-digit growth is misleading. * The Stockholm International Peace Research Institute (SIPRI) released its latest report [PDF] on international arms imports and exports. India remains the #1 importer at 10% of […]

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