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IHS Report: India Lands No. 4 Spot on World’s Defense Budget Rankings
A new report by IHS says India has posted a 13.1 percent rise in its military budget for 2016 to 2017 due to the launch of the One Rank, One Pension program and salary increases to service personnel. The increase in India’s defense budget has made it the world’s top four defense spender, IHS said Wednesday. “Growth in […] More