In a report published by Sweden-based think-tank Stockholm International Peace Research Institute titled "Trends in World Military Expenditure Report 2021", India's military expenditure is the third highest in the world after the US and China.
The Reserve Bank of India (RBI), the public sector banks have reported over a 51% dip in the amount involved in frauds to Rs 40,295.25 crore during the financial year ended March 2022.
Chinese Aviation based armed forces (PLAAF), Japan Air Self-Preservation Power (JASDF), Israeli Aviation based armed forces, and French Air and Space Power.
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