Budget
Return to articleIndia’s 2024-2025 Defense Budget: Incremental Progress at Best
Last month, India and China reached an agreement to disengage from their military standoff on the Line of Actual Control in eastern Ladakh and conduct coordinated patrols along friction points. Despite this disengagement, however, India needs to invest in its…
Ten-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,…