Budget
Return to articleTen-Year Review of China’s Defense Budget: Steadily Toward Modernization
At the first session of the 14th National People’s Congress in March 2023, China announced a 7.2 per cent nominal increase in its defense budget from 2022 to CNY 1.55 trillion. The new budget is the first under the unprecedented third term…
Understanding India’s Defense Budget 2021-22: Expectations Vs. Reality
India’s 2021 Defense Budget is reflective of the Indian government’s current strategic priorities and experiences of the past year. Despite the economic constraints from the ongoing COVID-19 pandemic, one of the Indian government’s top priorities in 2021 is expected to…
COVID-19 and the “Guns Versus Butter” Debate in South Asia
Since the outbreak of COVID-19, analysts have been discussing the virus’ far reaching impact on global healthcare systems, socioeconomic well-being, and existing national security priorities throughout the world. Even prior to the COVID-19 outbreak reminding the world of how quickly…
One Year In: The PTI’s Legislative Report Card
Just over a year ago, after 22 years of falling short of the requisite number of representatives, the Pakistan Tehreek-e-Insaf (PTI), led by Prime Minister Imran Khan, finally secured a majority of seats in the national assembly. As they came…
Hot Take on Indian Budget: Inadequate for Defense Needs
When Indian finance minister Piyush Goyal announced in the Parliament on Friday that India’s defense budget would cross ₹3 lakh crore (approximately USD 42 billion) for the first time, there was much cheer at the crossing of this milestone. However,…
Modi 4.0: The Domestic Performance Record
As the Bharatiya Janata Party-led National Democratic Alliance government in India completes four years in office this month, an examination of India’s socio-economic performance reveals that there is an illusion of or claimed development and progress as opposed to what can…