Current Affairs 15 DecemberCurrent Affairs
15 December 2016 Current Affairs
India fourth in the world in terms of defense expenditure
India's biggest defense expenditure in the case of Russia and Saudi Arabia have overtaken fourth. Modernize its military capacity, India's defense expenditure in the case of exercise, the five biggest spenders in the world is there.
In addition to the US and throughout Europe, including China, emerging conflicts and instability in the whole world round of defense expenditure will increase during the next decade. During 2016, the defense expenditure has grown at a very good rate.
According to the report, during 2016, the total global defense expenditure, an increase of one per cent to reach US $ 16 trillion. In 2015 it was 0.6 per cent.
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