India Spends Too Much On Its Defence

…user group networks for exclusive use for the million plus personnel of the Indian Armed Forces. Just on 9th of Jan 2011, some news came that India is in talks for defence contracts worth $8 billion with different foreign agencies. In the year 2009, India spent $36.3 billion as defence expenditure which was 2.6% of India’s GDP for FY 2008. In the same context, India’s neighbour and one of the enemies, Pakistan had spent $4.8 billion i…