Thursday, February 12, 2009

Indians demand 10% Defense Cut,+Arms,+Foundation+,of,+India,+defence,+dea&SectionName=UOaHCPTTmuP3XGzZRCAUTQ==
Friday, February 13, 2009 1:47 AM IST

spending by 10 pc'

Members of Control Arms Foundation of India, Christ University and Fedina, organised a streetplay during a protest demanding that military spending be

First Published : 12 Feb 2009 05:14:00 AM IST
Last Updated : 12 Feb 2009 07:56:03 AM IST

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.