[Newsbot]

Title: India to spend 11 billion dollars on submarine project
Category: Military
Posted By: Scape
Date: 2010-07-11 11:50:04

[bootlegga]

$1:

India's military procurement budget is estimated to double to 30 billion dollars by 2012.

Larger than our entire defence budget...

[BartSimpson]

You don't have China on your northern border.

[sandorski]

BartSimpson BartSimpson:

You don't have China on your northern border.

Or 100's of millions of Taxpayers(albeit much more Poor, but that doesn't matter much by those sheer numbers).

[BartSimpson]

More importantly India has China on it's northern border and they have unsettled border claims that resulted in a war back in the 1970's. Neither country has forgotten that war.

[Bruce_the_vii]

Awful, politicians spending. I thought Trudeau's CF-5 purchase was pretty bad but submarines for India beat that.

[Tman1]

Just don't buy them from the British.

[ShepherdsDog]

And their communications department can double as a call centre.

[EyeBrock]

ShepherdsDog ShepherdsDog:

And their communications department can double as a call centre.

I shouldn't have laughed but I did. Loudly.

[RUEZ]

bootlegga bootlegga:

$1:

India's military procurement budget is estimated to double to 30 billion dollars by 2012.

Larger than our entire defence budget...

How much tax do you want to pay?

[bootlegga]

sandorski sandorski:

BartSimpson BartSimpson:

You don't have China on your northern border.

Or 100's of millions of Taxpayers(albeit much more Poor, but that doesn't matter much by those sheer numbers).

Sure it does. Even with 40-50 times our population, their GDP is still a couple hundred billion dollars smaller than ours, which equates to a smaller, not larger tax base.

http://www.google.com/publicdata?ds=wb- ... ry:IND:CAN

The significance is that they are spending much more than us on defence.

[bootlegga]

RUEZ RUEZ:

bootlegga bootlegga:

$1:

India's military procurement budget is estimated to double to 30 billion dollars by 2012.

Larger than our entire defence budget...

How much tax do you want to pay?

I'm not really saying I want to pay more taxes (although I would if I knew it would go to the DND and not for tax breaks or corporate/social welfare), just commenting that their procurement budget will be much larger than our entire defence budget - by about 50% if Harper holds his promise to spend about $20 billion this year.

Given that their GDP is still a fair bit smaller than ours, it's surprising.