India was 4th biggest military spender last year - News Summed Up

India was 4th biggest military spender last year


India was the world’s fourth biggest military spender last year behind the United States, China, and Saudi Arabia, according to new data think tank Stockholm International Peace Research Institute (SIPRI) released on Monday. India was the fifth largest military spender in 2017. It accounted for 14% of global military spending. The think tank said with military spending of $11.4 billion, Pakistan was at the 20th place on the list of the leading military spenders. Experts said that India’s military spending was insufficient against the backdrop of the challenges it faces in its neighbourhood.


Source: Hindustan Times April 29, 2019 18:11 UTC



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