Best NDA Coaching in Lucknow | Top NDA Coaching in Kanpur | Best Defence Coaching in Lucknow | Top NDA Coaching in India
WORLD MILITARY EXPENDITURE SURPASSES USD 2 TRILLION; THE US, CHINA, INDIA TOP SPENDERS
#Best NDA Coaching in Lucknow Stockholm: World military expenditure reached an all-time high of USD 2.1 trillion in 2021, the Stockholm International Peace Research Institute (SIPRI) said on Monday, adding that the top three largest spenders were the United States, China and India.
“Total global military expenditure increased by 0.7 per cent in real terms in 2021, to reach USD 2113 billion. The five largest spenders in 2021 were the United States, China, India, the United Kingdom and Russia, together accounting for 62 per cent of expenditure,” the Stockholm based said in a statement.
“Even amid the economic fallout of the Covid-19 pandemic, world military spending hit record levels,” said Dr Diego Lopes da Silva, Senior Researcher with SIPRI’s Military Expenditure and Arms Production Programme. “There was a slowdown in the rate of real-terms growth due to inflation. In nominal terms, however, military spending grew by 6.1 per cent.”
As a result of the economic recovery from the COVID-19 pandemic, defence spending amounted to 2.2 per cent of global GDP, while in 2020 this figure reached 2.3 per cent.
US military spending reached USD 801 billion in 2021, a drop of 1.4 per cent from 2020, the statement said. In the period from 2012 to 2021, the US increased funding for military research and development by 24 per cent and reduced spending on arms purchases by 6.4 per cent, according to the statement.
Second place went to China, which spent USD 293 billion on defence, an increase of 4.7 per cent compared with 2020. India’s military spending ranked third with USD 76.6 billion last year, an increase of 0.9 per cent in comparison with 2020. #Best NDA Coaching in Lucknow
According to the Stockholm based institute, India’s military spending of USD 76.6 billion ranked third highest in the world. This was up by 0.9 per cent from 2020 and by 33 per cent from 2012. In a push to strengthen the indigenous arms industry, 64 per cent of capital outlays in the military budget of 2021 were earmarked for acquisitions of domestically produced arms.
The UK spent $ 68.4 billion on defence last year, up by three per cent from 2020, the statement read.
Meanwhile, Russia took the fifth slot with the highest defence spending. #Best NDA Coaching in Lucknow
“Russia increased its military expenditure by 2.9 per cent in 2021, to USD 65.9 billion, at a time when it was building up its forces along the Ukrainian border. This was the third consecutive year of growth and Russia’s military spending reached 4.1 per cent of GDP in 2021,” the statement said.
In 2021, high energy prices helped Russia to increase its military spending, Lucie Beraud-Sudreau, Director of SIPRI’s Military Expenditure and Arms Production Programme, said, adding that between 2016-2019 Russia experienced a decrease in the military spending due to low prices of oil and gas as well as sanctions imposed on Russia. #Best NDA Coaching in Lucknow
Best NDA Coaching in Lucknow
- Gandhi Jayanti: The Inspiring Journey of the Father of the Nation
- Lal Bahadur Shastri Jayanti 2024: History, Significance, and the Legacy of a Great Leader
- What is the Dress Code for the NDA Exam? – Essential Guidelines
- Best Timetable for NDA-1 2025: A Step-by-Step Approach
- What is the Full Form of NDA?
Warriors Defence Academy is the Best NDA Coaching in Lucknow. We provide an outstanding preparatory education for the entrance examinations to get into the Indian armed forces.
- Gandhi Jayanti: The Inspiring Journey of the Father of the Nation
- Lal Bahadur Shastri Jayanti 2024: History, Significance, and the Legacy of a Great Leader
- What is the Dress Code for the NDA Exam? – Essential Guidelines
- Best Timetable for NDA-1 2025: A Step-by-Step Approach
- What is the Full Form of NDA?
Since our inception 7 years ago, below the captaincy of one of India’s main youngest entrepreneurs – Mr. Gulab Singh. Hundreds of our candidates have been chosen and many of whom have attained pinnacle ranks in ultimate UPSC merit. #Best NDA Coaching in Lucknow
- The institute has fairly certified and reputed group instructors each thoroughly committed to supplying unparalleled schooling for NDA/CDS/SSB/AFCAT/CAPF. #Defence Coaching India
- The undertaking of educating transcends the lecture rooms so as to inform the college students to recognize their perfect potential and to inspire them to optimize their results. #Best NDA Coaching in Lucknow
- Involvement and excellence in greater curricular things to do like SSB guidance, character development, debates, group games, lecture, and so on characteristics in the training.
- Our goal at the academy is to make college students imbibe self-discipline and groom ethical and moral values. Come, be a phase of this success story, and fulfil your want for becoming a member of the reputed Indian Armed forces and serving the nation. #Defence Coaching India
#Best NDA Coaching in Lucknow – Best NDA Academy in Lucknow | Join WDA Lucknow – Warriors Defence Academy deeply appreciative and provide you with our most grateful welcome. We are glad to announce that Ex. GTO Officer Colonel R. K. Tiwari Sir going to Join our Academy to Guide NDA and CDS aspirants For SSB. WDA is the Best NDA and SSB Coaching in Lucknow India. #Defence Coaching India
#Best NDA Coaching in Lucknow Warriors Defence Academy is the Best NDA Coaching in Lucknow. We are the Leading Coaching Institute for NDA/CDS/AFCAT/Army/Air Force/Navy Located in Lucknow. Warriors Defence Academy has the Largest GTO Ground in India. The Aspirants of Defence Services are guided via Ex. Defence Officers. WDA was additionally Awarded as Best NDA Academy in Lucknow. #Defence Coaching India
Address: 545-GA/1-CHHA, Chandganj Garden Road, beside Madhuwan Guest house, near Railway crossing, Kapoorthla, Bara Chandganj, Chandralok, Lucknow, Uttar Pradesh 226006
Website: https://warriorsdefenceacademy.com/
Website: https://www.warriorsndaacademy.com/
Call Now: 07081011964