Tag: Defence Budget

IMF Loan, Pakistan Army Gain: Soaring Defence Budget Hits Public Hard

Pakistan’s 2025 budget highlights a significant 20% increase in military spending, now at PKR 2.55 trillion, amid severe cuts in health and environmental sectors. Despite IMF bailout conditions for fiscal discipline, the military’s demands, bolstered by conflict fears, overshadow public needs, leaving ordinary citizens to bear the financial burden.

India opens new defence manufacturing unit in Uttar Pradesh industrial corridor

New Delhi: India‘s Minister of Defence Rajnath Singh today operationalised a private sector defence manufacturing facility in Uttar Pradesh Defence Industrial Corridor (UPDIC) in Lucknow. The facility, run by Aerolloy Technologies Limited, a wholly owned subsidiary of PTC Industries Limited, will manufacture parts for aircraft engines, helicopter engines, […]