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Asia - Central | Australia & S. Pacific | Budgets | China | India | Lobbying

India’s Defense Budget Rises 7%, to $20.11 Bn

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India-Defense reports that Finance Minister Mr. P. Chidambaram has announced a 7% increase in India’s Defense budget for the next fiscal year. The Defence Budget has been increased from INR 83,000 crore[1] to INR 89,000 crore ($20.11 billion at March 1/06 interbank conversion), with INR 39,400 crore ($8.91 billion) as capital allocations. According to, […]

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