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.
Haryana all-rounder Shahbaz Ahmed will be part of Team India in the three-match ODI series agains
Interest Rates: Interest rates may increase on small savings schemes, no change for two years
Interest rates on small savings schemes (SSC) may increase by 0.5 to 0.75 percent from next month
After 'Jawaan', Shahrukh Khan is all set to return to entertain his fans on the big screen with '
Anant Ambani and Radhika Merchant's pre-wedding celebrations are starting today in Jamnagar, Guja
Embassies of many countries have started functioning again as soon as the Russian attacks in the
Ranbir Kapoor is in the news for his upcoming film Animal. His first look from the film has alrea
Children's immunity increased by playing in the green environment and among the plants and vegeta
The Meteorological Department has issued an alert for heavy rain for three days in Himachal Prade
By buying this Samsung phone, you are getting a smart gadget worth 30 thousand in just 3 thousand!
Samsung Galaxy S22 Ultra On Amazon: If you want to get a smartphone with the best camera, then th
SIIMA 2024: After winning the award, Aishwarya said- It means a lot, my guru directed the film
Aishwarya Rai won the Best Actress (Critics) award in the lead role at the South Indian Internati
