Global Military Spending Touches Record High: Where Does India Stand? | Vantage with Palki Sharma
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- čas přidán 21. 04. 2024
- Global Military Spending Touches Record High: Where Does India Stand? | Vantage with Palki Sharma
In the wake of escalating conflicts worldwide, global military expenditure has surged to a record high of $2440 billion. For the first time, defence spending has risen across all the five regions: Africa, Europe, West Asia, Asia, Oceania, and the Americas. The two top spenders are the United States and China, who jointly account for approximately half of the world's military outlay. India has also stepped up its spending on defence. Last year, India was the world's fourth-largest military spender with a military budget of around $83 billion. Palki Sharma tells you more.
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Military Budget | Defence Spending | Europe | United States | India | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#usa #china #defence #westasia #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories - making Vantage a destination for thought-provoking ideas.
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Middle East ✖️
West Asia ✔️♥️
Same comment
Palki you are a genius, I can't love you less... One of the world finest journalist of the 21st century
Dumb
What is finest journalist? Parrots is the right word
@@souravpaul2179 every journalist does that, what’s make the difference is when we know what’s the journalist is speaking is correct. 😂
Moral of the story: Buy defense company shares ☺
What you're saying is, Moral of the story is to sell your morals.
American defence companies earning billions of dollars of profits.. but American govt is losing money..
US arms companies are earning billions meanwhile US government is spreading it's influence. It's a win win situation for both of them....
Sad for Emerican taxpayer
india most spending goes to genrate employment of more than 2 million active personal and pension
so it is way different than others
1.455 million active personnel and 1.155 million reserve personnel.
more than 2.5 million para military forces.
@@Covid_Liberation_Army CLA 😂
And yet our corrupt politicians don't increase our budget, i don't consider an increase of 81.5 to 83.1 an increase, infact you can call it a reduction as cost of metals/resources etc also increases with time .
Same with China and US.
@@pritsingh9766 They're busy helping their friends in corporate sector. They don't care about security and sovereignty. They're only interested in power and they'll do whatever it takes to remain in power.
So it means that the only ppl who are making profits are the Military Contractors and Defence Corporations.
the world needs food and water not war, let make the world a safe place for the generation to come.
India need to boost it's Defence budget because you have to have a strong Defence and Space sector if you want to be a strong nation or Superpower .India now need to spend atleast 100 billion dollars because atleast 20-30% of this budget will go to military payment so you atleast need 60-70 billion for your defence . Defence require lots of money in R&D and if India want to become Self Reliant then we have to spend a good amount in our RnD sector of defence and Space .we are now 4trillion economy so we atleast need 100 billion defence .
100 billion is a lor for India currently. They are already spending too much than what they can actually afford
Build toilets first, clear slums, clean streets rivers and polluted air. The average life expectancy in India is 68 years. Ranked 142nd in the world.
Strong engineering school matter more than raw cash that you can throw into military budget. Foreign weapon can never win you war alone, need to adaptation into specific conditions always arise. And without healthy engineer and physics communities military budget will be stolen but will never lead to useful military tech. So to be strong independent nation you need moderate amount of money in military budget directly and as many as possible into development of high education, tech branches particularly
@@napobg6842 nope , they are not India is 4 trillion dollar economy and 100 billion is like 2.5% of our economy. Russia has 1.8-1.9 trillion dollar and it's spending of defence is 109 dollar . UK also increase its defence budget . China have like 300 billion and US has 900+ billions which is more than 3% of its GDP the only country which is spending less percentage is China but China still have close to 300 billion spending which is 3.5x of India budget . So we need to spend more on the defence and Space because if India really want to be a super power we have to show we are capable of going again the other super power in every department but india defence industry is new and need lots of RnD .
@@tiaoyi-bx5yi Go and check the percentage of toilets in India and it's increase in percentage .I will rather choose big defence budget than bullet train . US doesn't have bullet train and it still surviving. By that logic India should build Toilet first because if it can't afford toilet how the hell it gonna afford Bullet train cost ?? It's such an absurd argument . We need to spend in everywhere because we are already lost 20year so we can't afford any more delay . Every powerful have their 5th gen fighter even France and Germany have their 4.5 gen but we are still stuck with Tejas and we will probably get 4.5 gen in 2030 with MK2 and we will get our 5 gent in 2035 which is 15 year and by then US and China probably have 6th gen .We are also developing our slum . The biggest slum is in Mumbai which is going in the development phase by Adani group . It's not only govt . Responsibility but our own if you can't afford why are you populating the country ?? People don't think logical . They just have 10 children and then ask govt to pay for their food and house . People are too narrow minded in India they don't want to be clean their city itself . Govt. Have Swach Bharat program especially for cleanliness but people still throw garbage here and there . Now pollution, we are developing country with rapit manufacturing and developing building so its logical we will create pollution but if you look at per capita pollution we are still very low but yes we should work on that and that's why govt is aiming for 500GW of Renewable energy till 2030 and also has taken many step to reduce the pollution .
THEY HAVE MONEY FOR WAR BUT CAN'T FEED THE WORLD'S POOR
Good morning dear Palki
What spend on defense Globally, if spend for hunger how our world will be....
The country with the highest spending is the cause of it all.
Whatever is India's defence budget, half of it should be on R & D of new weapon systems, it's bound to give excellent results in the long run......
Jai Bharat... Jai Sanatan Dharm... Only NaMo
Why is this lady so hateful on China?. I have never heard anything good from her about China.
❤️
Imagine all that money going into the communities and helping the poor.
sadly that's exactly where the money already goes
on the rare exceptions when a "war" happens in the rich people's mansions, then they call it a "coup"
The headline should read military spending drives global conflicts. Kudos for acknowledging the relationship, it just operates in the opposite direction.😂✌️
Nothing will happen. All are chickens. Especially iran. 😂
Yey!
India must fix a budget of 500 billion dollars for next five years ( 2024-2025 to 2029-2030) for modernization of defence forces of india. ( Army , Airforce,Navy)
What is Indias share in exporting weapons.
voice sound is very low
Abolish ...UN. 😂😂😂
We all knew these years of peace in ASIA is because that empire busy in Middle East for 20years.
Empire focus on Middle East , BOOOOM !
Empire focus on Europe , BOOOOM !
Now that Empire focus on Asia ...😨
Quiz:-
People of which country consumes rotis made of Grass?
These killing conflicts don't push military and weapons sales, it's the other way around. The Military Budgets and Weopons Makers create these Killing Fields.
Bharat Mata is also becoming a huge exporter of military weapons. It is boosting our economy and generating employment. So, leave Bharat Mata alone. We know what is best for us
Barely anything. India exported Rs21000 crore thats just 2.5 billion USD. Really nothing. Meanwhile India imports 95% of its defense requirements. Small countrieslike Turkey exports more than triple of India.
Does your brain have any cells in it....or are you just dreaming......we have noyhing to export which is made by us....we buy from outside and sell...with hardly any profit....employment? What employment?
I wonder out loud, what is the UN doing about resolving conflicts and ensuring global peace.
UN cant do anything because West countries block any initiative from BRICS+ countries and vice versa. UN is for tasks in which all powerful countries can agree on (like containing of growing deserts), not for matters in middle of Cold War. When one of the sides lose and will be thrown out of Security Council, then maybe UN will be de-paralyzed (not guaranteed). If this defeat will not begin nuclear war of course, then the UN will be no more
World for power .all dirty game
Where's the IND budget
$83.6 billion in 2023 : 2.4% of nominal GDP.
Chick Chick Chicken 🐥 😋 😋 😋.
God ok
Like for telling truth about Pakistan export terrorism
Negara superpower india😂 takut sama china, minta perlindungan dari eropa atau AS SIAP SIAP DI jajah nya seperti IRAK. 😂
Ok
India tidak takut dengan Tiongkok, kami tahu bagaimana mempertahankan diri Tanpa dukungan Sementara Indonesia menjadi koloni Cina
@@nightowl1435 iyah benar, seperti bunglon, kolonian portugis,spanyol,belanda dan masih banyak lagi tercatat sejarah
Convoluted views again. Conflicts don't drive defence spending.....its USFeds capacity and shamelessness in unlimited note printing that has to keep conflicts going all across the globe.
😂🤣 " challenging neighborhood" never enjoying peace with such neighbors 😢😢
What a crap
Overpopulation is the root cause of all troubles in the world. Armed conflicts is only one of the example. Lack of birth control leads to competition for resources leading to unemployment, poverty, territorial disputes, parking space fights, road rage, crimes etc etc. As long as people and govts don't deal with controlling birth rates, the carnage will happen more & more. Just like how palki Sharma said it at 2.21😅😂😅😅😂😅 'slip of the tongue' 2 billion dogs live in conflict zones today, 12% increase in armed conflicts etc etc. So why is everyone complaining instead of doing birth control.
good luck going to Gazan and to ultra‑orthodox Jewish communities and enforcing their use of birth control.
Everyday chine chine 😂😂😂 why focus chine ,not USA ,UK are course war around the world
what?
@@Anakin_Sandy_High_Ground 🤣🤣🤣🤣
@@izirimunziratv9480 bro i literally cannot understand your first comment. Translate please.
@@Anakin_Sandy_High_Ground he is dyslexic, he can't spell China right,
Neither can he form proper sentences
@@izirimunziratv9480 kangladeshi 😂😂
As long as i have my poptarts Im glad
Yeah, maybe some chai and popcorn as well
Enjoy watching others in the world destroy themselves and the world, such a bliss