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    Facebook signs letters of intent with 3 Australian media companies

    Facebook signs letters of intent with 3 Australian media companies

    Facebook has reached an agreement with the Australian government. Australian users will be able to read the news normally.

    Facebook has reached an agreement with the Australian government. Australian users will be able to read the news normally.

    Facebook CEO and Australian Treasury Minister reached an agreement

    Facebook CEO and Australian Treasury Minister reached an agreement

    Putin: Russia has handed over Russian vaccine production technology to Belarus

    Putin: Russia has handed over Russian vaccine production technology to Belarus

    Many classic animations in the United States have been labeled as "offensive content" by Disney.

    Many classic animations in the United States have been labeled as “offensive content” by Disney.

    Biden's nominated director of the health director, making $2.6 million during the pandemic

    Biden’s nominated director of the health director, making $2.6 million during the pandemic

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    Woods was involved in a car accident in a frequent area. U.S. officials requested a road section investigation.

    Woods was involved in a car accident in a frequent area. U.S. officials requested a road section investigation.

    South Korean sports scandal again: Men's volleyball players admit to bullying classmates and retire immediately

    South Korean sports scandal again: Men’s volleyball players admit to bullying classmates and retire immediately

    The president of the American baseball team resigned due to discriminatory remarks. He once suspected that the Japanese player's English was poor.

    The president of the American baseball team resigned due to discriminatory remarks. He once suspected that the Japanese player’s English was poor.

    New York City cinemas will welcome guests in March. The economy will reopen one step further.

    New York City cinemas will welcome guests in March. The economy will reopen one step further.

    Macron bet with French Internet celebrities: Click more than 10 million to shoot interesting videos together

    Macron bet with French Internet celebrities: Click more than 10 million to shoot interesting videos together

    Nine crowns! Djokovic swept Medvedov and won the Australian Open for the ninth time.

    Nine crowns! Djokovic swept Medvedov and won the Australian Open for the ninth time.

    American professor worried about the damage of the violin at low temperature and slept with his son hugging it.

    American professor worried about the damage of the violin at low temperature and slept with his son hugging it.

    Seiko Hashimoto, the new chairman of the Tokyo Olympic Organizing Committee, promised to promote reform and increase the proportion of female directors.

    Tokyo Olympic Organizing Committee Chairman Seiko Hashimoto applies to withdraw from Japan’s ruling Liberal Democratic Party

    Malaysian Open and other events have been postponed. The Tokyo Olympic points match will be extended by one month.

    Malaysian Open and other events have been postponed. The Tokyo Olympic points match will be extended by one month.

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    An outbreak of unknown diseases in the Democratic Republic of the Congo has killed 14 people.

    An outbreak of unknown diseases in the Democratic Republic of the Congo has killed 14 people.

    Okonjo-Iweala officially took office as Director-General of WTO

    Okonjo-Iweala officially took office as Director-General of WTO

    Transferred after 13 nights in hospital: 99-year-old Prince Philip of England is still receiving treatment

    Transferred after 13 nights in hospital: 99-year-old Prince Philip of England is still receiving treatment

    Tedros: Coronavirus vaccination is not a competition among countries

    Tedros: Coronavirus vaccination is not a competition among countries

    Paris mayor refuses weekend lockdown and supports opening public space

    Paris mayor refuses weekend lockdown and supports opening public space

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    Confirmed and dead cases in Peru are on the decline. Tourism may recover from 2024.

    Variant COVID-19 infected person disappeared after entering the UK! Johnson was criticized: unforgivable incompetence

    Variant COVID-19 infected person disappeared after entering the UK! Johnson was criticized: unforgivable incompetence

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    When can minors in the United States be vaccinated? Fauci gave this timetable.

    The U.S. CDC approved the use of Johnson & Johnson vaccine. The United Kingdom diagnosed a new Variant virus case for the first time.

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    Former mayor of Amman, Jordan, Agre Bilta Gene died of COVID-19

    Former mayor of Amman, Jordan, Agre Bilta Gene died of COVID-19

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      Facebook signs letters of intent with 3 Australian media companies

      Facebook signs letters of intent with 3 Australian media companies

      Facebook has reached an agreement with the Australian government. Australian users will be able to read the news normally.

      Facebook has reached an agreement with the Australian government. Australian users will be able to read the news normally.

      Facebook CEO and Australian Treasury Minister reached an agreement

      Facebook CEO and Australian Treasury Minister reached an agreement

      Putin: Russia has handed over Russian vaccine production technology to Belarus

      Putin: Russia has handed over Russian vaccine production technology to Belarus

      Many classic animations in the United States have been labeled as "offensive content" by Disney.

      Many classic animations in the United States have been labeled as “offensive content” by Disney.

      Biden's nominated director of the health director, making $2.6 million during the pandemic

      Biden’s nominated director of the health director, making $2.6 million during the pandemic

      Trending Tags

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      Woods was involved in a car accident in a frequent area. U.S. officials requested a road section investigation.

      Woods was involved in a car accident in a frequent area. U.S. officials requested a road section investigation.

      South Korean sports scandal again: Men's volleyball players admit to bullying classmates and retire immediately

      South Korean sports scandal again: Men’s volleyball players admit to bullying classmates and retire immediately

      The president of the American baseball team resigned due to discriminatory remarks. He once suspected that the Japanese player's English was poor.

      The president of the American baseball team resigned due to discriminatory remarks. He once suspected that the Japanese player’s English was poor.

      New York City cinemas will welcome guests in March. The economy will reopen one step further.

      New York City cinemas will welcome guests in March. The economy will reopen one step further.

      Macron bet with French Internet celebrities: Click more than 10 million to shoot interesting videos together

      Macron bet with French Internet celebrities: Click more than 10 million to shoot interesting videos together

      Nine crowns! Djokovic swept Medvedov and won the Australian Open for the ninth time.

      Nine crowns! Djokovic swept Medvedov and won the Australian Open for the ninth time.

      American professor worried about the damage of the violin at low temperature and slept with his son hugging it.

      American professor worried about the damage of the violin at low temperature and slept with his son hugging it.

      Seiko Hashimoto, the new chairman of the Tokyo Olympic Organizing Committee, promised to promote reform and increase the proportion of female directors.

      Tokyo Olympic Organizing Committee Chairman Seiko Hashimoto applies to withdraw from Japan’s ruling Liberal Democratic Party

      Malaysian Open and other events have been postponed. The Tokyo Olympic points match will be extended by one month.

      Malaysian Open and other events have been postponed. The Tokyo Olympic points match will be extended by one month.

    • Lifestyle
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      An outbreak of unknown diseases in the Democratic Republic of the Congo has killed 14 people.

      An outbreak of unknown diseases in the Democratic Republic of the Congo has killed 14 people.

      Okonjo-Iweala officially took office as Director-General of WTO

      Okonjo-Iweala officially took office as Director-General of WTO

      Transferred after 13 nights in hospital: 99-year-old Prince Philip of England is still receiving treatment

      Transferred after 13 nights in hospital: 99-year-old Prince Philip of England is still receiving treatment

      Tedros: Coronavirus vaccination is not a competition among countries

      Tedros: Coronavirus vaccination is not a competition among countries

      Paris mayor refuses weekend lockdown and supports opening public space

      Paris mayor refuses weekend lockdown and supports opening public space

      Confirmed and dead cases in Peru are on the decline. Tourism may recover from 2024.

      Confirmed and dead cases in Peru are on the decline. Tourism may recover from 2024.

      Variant COVID-19 infected person disappeared after entering the UK! Johnson was criticized: unforgivable incompetence

      Variant COVID-19 infected person disappeared after entering the UK! Johnson was criticized: unforgivable incompetence

      When can minors in the United States be vaccinated? Fauci gave this timetable.

      When can minors in the United States be vaccinated? Fauci gave this timetable.

      The U.S. CDC approved the use of Johnson & Johnson vaccine. The United Kingdom diagnosed a new Variant virus case for the first time.

      The U.S. CDC approved the use of Johnson & Johnson vaccine. The United Kingdom diagnosed a new Variant virus case for the first time.

      Former mayor of Amman, Jordan, Agre Bilta Gene died of COVID-19

      Former mayor of Amman, Jordan, Agre Bilta Gene died of COVID-19

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      India’s military spending increased by only 1% in the new fiscal year? The truth is not so simple.

      February 3, 2021
      in Politics
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      India's military spending increased by only 1% in the new fiscal year? The truth is not so simple.

      Indian media reports with pictures of Indian soldiers on the Sino-Indian border.

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      Indian Finance Minister Sitharaman released the budget for the fiscal year 2021-2022 on February 1. Among them, the military expenditure part has attracted much attention due to the Sino-Indian border conflict.

      As early as the budget was brewing stage, many mainstream media and scholars in India called on the government to increase the military budget, accelerate the speed of national military modernization, and be ready for a long-term confrontation with China in the future.

      However, according to The Times of India, the total expenditure of the military expenditure plan (including defense pension) in the new fiscal year is about 4.78 trillion rupees, a slight increase of about 1.4% from the previous fiscal year’s 4.71 trillion rupees.

      However, the cost of military spending to strengthen military modernization will reach about 1.35 trillion rupees in the new fiscal year, an increase of nearly 19% over the previous fiscal year.

      Indian Defense Minister Singh said on the 1st that “this is the highest increase in the past 15 years”. In contrast, the defense pension fell from 1.33 trillion rupees in the previous fiscal year to 1.15 trillion rupees, a decrease of more than 13%.

      “There is no Big Bang growth,” the Times of India said. In India’s military budget, defense pensions for salaries, welfare guarantees and other expenses of active and retired officers and soldiers accounted for a large proportion. “More money for weapons, less pensions, the 2021 defense budget is a step in the right direction,” Swarajya News.

      The Hindustan Times reported that if the pension part is removed, the military budget for the new fiscal year is about Rs 3.62 trillion, up 7.3% from Rs 3.37 crore in the previous fiscal year, 1.62% of India’s GDP and 10.4% of total government expenditure.

      Bloomberg said on the 2nd that the Indian government’s military budget growth was lower than expected, which questioned its military modernization plan.

      Behra, an associate professor at Nehru University, said that India’s defense budget was expected to be “strong growth” due to the conflict between the Chinese and Indian armies last year, but “it seems that the defense minister will have to accompany the deficit in the next few years”.

      Indian experts analyzed that “the defense budget reflects the financial constraints faced by the government and the fact that it has to invest in health care and infrastructure to promote economic growth”.

      Some people in India pointed out that the defense budget increased by only about 1% in the new fiscal year, and if the inflation rate is taken into account, the defense budget has barely increased. But in fact, this is not the case. In Sitharaman’s speech, another focus is worth paying attention to. The fiscal year’s extrabudgetary arms purchase expenditure.

      According to the Hindustan Times, since the Sino-Indian border confrontation, India has spent about 2077.6 billion rupees on emergency purchase of weapons and equipment, including surface-to-air missiles, rocket launchers, air defense systems, GPS missile-based drugs, tank ammunition, etc.

      The United States, Russia, France and Israel are the main countries for India to extract armaments. India Today said that when asked about the stagnant defense budget, Sitharaman chose to look at the positive side. She mentioned how the armed forces have been granted financial power to quickly purchase defense supplies in the past three years.

      In addition, according to the Hindu newspaper, the Indian government will set up a “Special Fund for the modernization of defense and internal security”, which can be used to make up for the difference between budget needs and actual allocations in the field of defense and security.

      The total size of this fund is about 2.38 trillion rupees in 2021-2026, with a maximum annual use of 5100 billion rupees, and does not account for the regular budget allocation.

      Although the coronavirus epidemic has hit India’s economy hard, the Indian media are still encouraging the government to significantly increase military spending.

      The Times of India quoted military experts on the 2nd as saying that if India wants to exert “necessary military deterrence” to China and Pakistan, military spending should account for at least 2.5% of GDP.

      Although India is the third country in the world after the United States and China in terms of military expenditure scale, the military expenditure of the United States is more than 10 times that of India, and China is nearly four times that of India. Moreover, the cost of “raising the army” in India’s military expenditure is too large, which directly hinders the process of military modernization.

      The report also mentioned that the partial decline in China’s defense pension in military spending in the new fiscal year may indicate that the government will raise the retirement age of Indian officers and soldiers. For example, the retirement age of officers at the colonel level may be raised from the current 54 to 57.

      Abhijit Singh, a senior researcher at the Indian think tank Observer Foundation, believes that the increase in the military budget in the new fiscal year is “insignificant” and “it is difficult to say whether it can meet the needs of the military for the two fronts of China and Pakistan”.

      He said that the budget will at least disappoint the Indian navy, “because the plan to build a new aircraft carrier will be difficult to achieve this year.” He suggested that in the absence of a significant increase in military spending, the Indian military may need to consider other ways to raise funds, such as the integration of the navy, army and air force.

      Tags: India

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