spending by 10 pc'
BANGALORE: While the aerospace biggies across the world are vying for the best of with India at the ongoing Aero-India spectacle, a group of organisations led by Control Arms Foundation of India (CAFI) have appealed for a 10 per cent reduction in the country's military expenditure.They suggested that the amount be invested in areas like social security, health and education. The Foundation for Educational Innovation in India (FEDINA) and the city-based Christ University are the others in the group.Representatives of these organisations said that of the Rs 1,05,600 crore budgetary allocation for defence last year, Rs 48,007 crore was for arms and ammunitions.They said the country's military spending is eight times more than what is spent on clean water and sanitation.