Pak Raises Defence Budget By Rs 3500 Crore To Counter India
The Pakistani government has allocated an additional amount of Rs 3500 crore for the defence budget for 2009-10 claiming expenses on anti-militancy operations and to acquire modern equipment to counter a perceived threat from India, according to a media report.
Following the additional allocation, Pakistan's defence budget will increase to about Rs 37800 crore.
In June, Pakistan hiked its defence spending for 2009-10 to Rs 34290 crore , marking a 15.3 percent increase over the outlay of Rs 29600 crore for the previous fiscal.
President Asif Ali Zardari and Prime Minister Yousuf Raza Gilani approved the additional outlay following demands from army chief General Ashfaq Parvez Kayani and General Tariq Majid, chairman of the joint chiefs of staff committee, Dawn News channel quoted sources as saying.
The military told the government that the additional amount is needed for expenses on operations against the Taliban in Swat and Waziristan tribal region and to procure modern equipment in the face of a perceived threat from India, the sources were quoted as saying.
Pakistan has mobilised over 30,000 soldiers to flush out Taliban militants from South Waziristan.
Troops are also conducting operations against rebels in the northwestern Swat Valley. PTI