Parliamentary panel orders more funding for navy

By Ajai Shukla Business Standard, 26th Dec 2014 A major trend in India’s defence spending has been the navy’s growing share, which has risen from 4 per cent of the defence allocation in the early 1960s to a high of 18.12 per cent in 2012-13. This is seen worldwide as evidence of an increasingly muscular profile in the Indian Ocean region, where India will not just protect its 7,517



from Broadsword http://ift.tt/1CVcmLS

via IFTTThttp://ift.tt/1cx5Oac