UNITED NATIONS: India is the world’s biggest importer of weapons, accounting for 12 per cent of global purchases during the past five years because it is not able to produce enough arms to meet its requirements, according to the authoritative Stockholm International Peace Research Institute (SIPRI). India’s imports rose 24 per cent during the past five calendar years, 2013-17, compared to the previous five-year period, 200812, according to a SIPRI study.“The tensions between India, on the one side, and Pakistan and China, on the other, are fuelling India’s growing demand for major weapons, which it remains unable to produce itself,” SIPRI Senior Researcher Siemon Wezeman wrote. “China, by contrast, is becoming increasingly capable of producing its own weapons,” Wezeman pointed out. SIPRI, which tracks the global arms trade, uses its own accounting system called Trend-Indicator Value (TIV) to measure the arms transactions in order to arrive at a uniform valuation.According SIPRI data using this method, India’s total TIV rose from 14,608 during 2008-12 to 18,048 in 2013-17. However, India’s arms purchases have come down during the last three full years of BJP government compared to the last three full years of the Congress-led UPA rule. During 2011-13 when Manmohan Singh was Prime Minister, India imported arms worth 13,319 TIV.
For more news updates Follow and Like us on Facebook