India's neighboring country China is going to present its budget today. In this budget, China has decided to increase defense spending because of the increasing threats to its security. According to the report, China can challenge India, America, and other countries by increasing its defense spending by 7.1 percent. The Chinese government has proposed a defense budget of ₹17.57 lakh crore for the fiscal year 2022, which is 7.1 percent on an annualized growth. China Daily has given this information by quoting the draft budget proposals presented by Prime Minister Li Keqiang. Compared with India, this increase is three times more than India's defense budget of 5.25 lakh crore (approximately USD 70 billion) for 2022.
Threat to India
After the increase in defense spending by China, it is feared that it can become a threat to India. China is increasing the defense budget every year. After increasing the defense budget, China may increase the number of military personnel on the LAC and may also try to carry out illegal infiltration.
Chinese prime minister cited security
Last year, China's defense spending crossed Rs 15,000 billion for the first time. In his work report presented to China's parliament, Chinese Premier Li called on the People's Liberation Army (PLA) to deepen comprehensive war preparedness. He said the PLA needs to conduct military conflicts firmly and flexibly to safeguard the country's sovereignty, security and development interests. Li said China's increase in this year's defense budget has been made amid the standoff in eastern Ladakh and its escalating political and military tensions with the US. China has the second-largest defense budget in the world after the US.
Indian rupee stings in the world: Many countries have approved transactions in Indian currency, know how it benefits you
The Government of Sri Lanka has also approved the Indian Rupee as an international currency. Now trade between India and Sri Lanka will be possible in Indian currency. Not only this, Indian citizens
Sri Lanka Strike: Labor organizations in Sri Lanka called a nationwide shutdown; Livelihood affected, the President said this
Sri Lankan trade unions on Wednesday observed a one-day token strike to protest against the government's steep hike in tax and utility rates. Meanwhile, daily life in the crisis-hit island nation has
PM Modi's mother's condition stable: BJP MP claims - can be discharged from hospital in two-three days, Modi reached Ahmedabad to inquire
Prime Minister Narendra Modi's mother Heeraba is unwell. Hiraba was admitted to the UN Mehta Hospital in Ahmedabad late on Tuesday night after he complained of breathlessness. A team of doctors from
Ratan Tata Death: Film stars paid tribute to Ratan Tata, and said- the world has lost a visionary
The country's famous industrialist 'Ratan Tata' said goodbye to this world at the age of 86. Ratan Tata was the real gem of India. He breathed his last at Breach Candy Hospital in Mumbai due to
Good news for the world struggling with food crisis: Shipment departs from Ukraine carrying 26 thousand tons of maize, Russia will not attack it
Good news has come for the world troubled by the food crisis, by the war between Russia and Ukraine. On Monday, a large shipment carrying 26 thousand tonnes of maize departed from Ukraine's Odesa
Karan Johar: 'If anyone finds out, we won't be able to stay in the city, ' Karan said on the Bollywood WhatsApp group; revealed many secrets
It is said about Karan Johar and some of his friends that they keep up with every gossip of Bollywood. Recently, this producer-director himself said that he has a Bollywood WhatsApp group, in which he
Weather Update: Relief from heat ends, heatwave warning in these states including Delhi-NCR; Know the weather of your city
Many states of the country are facing severe heat these days. In many states including Gujarat, Delhi, and UP, the temperature remains above 40 degrees. Heatwave conditions may persist in many states
Sidhu can come out on Republic Day: 1-year sentence in road rage case, jailed for 6 months
Navjot Singh Sidhu, who is serving a one-year sentence in a 34-year-old road rage case, may be released prematurely. Due to his good conduct, the government can release him on 26 January 2023. It has
'I will help in every possible way,' Sanjay Dutt became a partner in the grief of Punjab flood victims, announced on social media
Nature's wrath is being seen in many states of the country at this time. Many areas of Punjab have come under the grip of floods, due to which life has been badly affected.
Delhi-NCR Pollution: Supreme Court's strict comment - We cannot sit idle, next hearing on December 10
The Supreme Court took suo motu cognizance of the Delhi and NCR air pollution crisis and held a hearing. During the hearing, the Chief Justice remarked, "My friend says that the matter has improved
