India increased its defense budget by 10 per cent
New Delhi — News Time
India increased its defense budget by 10 per cent. Lok Sabha, India’s Finance Minister Palaniappan Chidambaram presented the interim budget for 2014-15 fiscal years. Rise after India’s defense budget stands at Rs 2240, third and fourth quarters during the quarter, India’s economic growth target of 5.2 percent, while 4.1 percent deficit target will be. Meanwhile, Indian External Affairs Minister Salman Khurshid to provide helicopters to Afghanistan announced. Return from a tour of Afghanistan with the media India to join the Indian Foreign Minister flawed war-torn Afghanistan will also provide logistic support to the Kabul government can recover its cargo planes. India’s commercial and financial capital of Mumbai, according to reports from the interim budget presented Minister said the annual budget deficit is reduced. Besides Manmohan Singh government over the coming months will continue to adhere to this commitment that will balance the costs of the public sector. Palaniappan Chidambaram said the Indian government financial condition is better than a year ago. Minister of Finance also said that all political parties should commit them together so that any party or leader who will work to India’s economic stability could be damaged in any way. Besides India during the current financial year, the budget deficit will equal 4.6 percent of GDP. India’s fiscal year ended March 31. India this year general elections are expected by the end of May. Present government’s budget for only a few months to prepare for the next fiscal year budget will be the responsibility of the new national government. Interim budget against affluent citizens in temporary tax period was extended.
