Military Modernization Current Affairs, GK & News

Non-Lapsable Defence Modernisation Fund

March 18, 2023

The Ministry of Defence is reportedly considering the creation of a Non-Lapsable Defence Modernisation Fund (DMF) to modernize the defence forces. The fund is expected to supplement the regular yearly budgetary allocations and eliminate any uncertainty in provisioning adequate funds for various defence capability development and infrastructure projects. The DMF, once operationalised, will ensure that ..

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SIPRI Yearbook: Nuclear Weapons of India and China increases

June 16, 2020

On June 15, 2020, the Swedish think-tank launched the SIPRI Yearbook, 2020.According to the yearbook, India and China have increased their nuclear arsenal as compared to 2019. Key findings The think tank also reports that China is modernizing its nuclear arsenal. China and Pakistan as compared to India have more nuclear warheads. The Think tank ..

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IISS Study: World Defence spending biggest in 10 years

February 15, 2020

On February 14, the International Institute of Strategic Studies released its report on Defence Spending all over the world. The report was titled “Military Balance”. According to the report, the global spending rose by 4% in 2019. This is the largest growth in 10 years. Highlights The report also says that the Defence race between ..

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India becomes world’s 4th largest defence spender

December 14, 2016

According to the recently released 2016 IHS Jane’s Defence Budgets report, India has become the world’s fourth largest defence spender. In this edition of report published by US research firm IHS Inc, India has surpassed Russia, France, Japan and Saudi Arabia to become the world’s fourth largest defence spender.  Key Highlights from report United States, ..

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