President of America proposes huge increase in defense budget, proposed $ 740 billion
President of America proposes huge increase in defense budget, proposed $ 740 billion
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Washington: US President Donald Trump has proposed to increase the US defense budget to $ 740 billion. It is also being said that he has increased the defense budget drastically to accelerate the army's program of modernization in view of the challenges facing America from China and Russia. In the defense budget of 2021, it has been proposed to spend $ 28.9 billion for nuclear modernization. He has proposed $ 18 billion for space, $ 10 billion for cyber and $ 57 billion for airspace.

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According to the information received, the Finance Minister in India presents the budget in Parliament, but in the US, a completely different President issues a budget proposal. This proposal is sent to Parliament. After a long debate in Parliament, it is voted on. The White House has demanded the Parliament to raise the budget of the US Space Agency to $ 25 billion (about Rs 1.78 lakh crore). The budget of this agency has been declining for the last several years. The bulk of the budget is estimated to be spent on NASA's lunar and Mars missions.

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In terms of India and China, this increase has been much more. China's defense budget has been Rs 12.6 lakh crore in the year 2019, while India has increased only 6% in the budget of the defense sector in the budget of 2020-21. It has been increased from 3.18 lakh crore to 3.37 lakh crore as compared to 2019-20. 1,10,734 crore has been allocated to the Army for the purchase of new and modern weapons. If defense pension is also added to this budget, then this time budget is about 4.7 lakh crores.

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