India Beefs Up Security Budget
Credit: U.S. DEFENSE DEPT.
The November 2008 terrorist attacks in Mumbai exposed shortfalls in India’s homeland security spending (DTI February, p. 44). While the $26.5-billion defense budget for fiscal 2008-09 (ended Mar. 31) represented a 10% hike over the previous year, it was only 1.9% of GDP—not enough, experts assert...
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