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Pranab Mukherjee starts Budget speech, India waits in hope

Discussion in 'World Economy' started by tariqkhan18, Mar 16, 2012.

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  1. Manmohan Yadav

    Manmohan Yadav Brigadier STAR MEMBER

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    Of course not, India's GDP is about 40% of China

    In other words Chinas GDP is about 2.5 Times more than India

    So the Defense Budget will be in the same proportion,
    Chinas defense Budget for Current Year is 100 Billion $
    India's defense budget will be close to 40 Billion $


    Defense Budget has not yet been declared.
     
  2. SpArK

    SpArK SorCeroR Staff Member ADMINISTRATOR

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    Allocation for rural drinking water, sanitation: Rs 14,000 crore
     
  3. MINGXIA

    MINGXIA REGISTERED

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    but will it be enough to counter us? i dont think so.
     
  4. SpArK

    SpArK SorCeroR Staff Member ADMINISTRATOR

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    6000 schools to be set up in the 12th year plan: FM
     
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  5. Manmohan Yadav

    Manmohan Yadav Brigadier STAR MEMBER

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    Kisan Credit card can now be used in ATMs as well.

    I can't wait to try Grand Papas cards in ATMs :mrgreen:

    The interest rate is 7% (SI),
    out of which 3% subsidy is given by Government of India
    if aggregate credits are more than aggregate debits in a year.

    Here what they look like

    [​IMG]
     
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  6. SpArK

    SpArK SorCeroR Staff Member ADMINISTRATOR

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    will answer your queries after the budget for defence is allocated.:basketball:
     
  7. Manmohan Yadav

    Manmohan Yadav Brigadier STAR MEMBER

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    Wel China has to Counter,
    Japan, S.Korea, Vietnam, and Above all USA besides India

    is 100 Billion $ enough to counter all of them,
    the total defense budget of all these nations is about 920 Billion $

    India has just China and Pakistan,
    Pakistan is not much of a threat.
     
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  8. MINGXIA

    MINGXIA REGISTERED

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    war is not a group event.:fighting2:
     
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  9. Manmohan Yadav

    Manmohan Yadav Brigadier STAR MEMBER

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    Rs.1,93,407allocated for Defense

    Thats about 39.5 Billion $

    NICE !!!
     
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  10. MINGXIA

    MINGXIA REGISTERED

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    we have 106.4 billion and most weapons are made by us, hence we are almost spending 3-4 times.:sniper:
     
  11. Manmohan Yadav

    Manmohan Yadav Brigadier STAR MEMBER

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    Yes, but Strategic balance is

    Besides there wont be any war between India and China any more,
    both nations need each other and our mutual trade is about touch 100 Billion $.

    Indo-China Border is such that,
    there cannot be any operations more than the Size of a Battalion.

    You are forgetting the GDP,
    Chinese GDP also bigger than India by 2.5 Times.

    So we are in pretty much same proportion in terms of Percentile Balance.
     
  12. DaRk KnIght

    DaRk KnIght Lt. Colonel ELITE MEMBER

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    Is your defence enough to counter US?? I dont think so.
     
  13. KAUTILYA

    KAUTILYA Lieutenant SENIOR MEMBER

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    Defence budget hiked to Rs. 195000 crore!!:dance3:
     
  14. Manmohan Yadav

    Manmohan Yadav Brigadier STAR MEMBER

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    He is completely oblivious about the East Asia Region :partay:
     
  15. SpArK

    SpArK SorCeroR Staff Member ADMINISTRATOR

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    So far so good. But stock markets are behaving flat.:undecided:
     
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