Islamabad, June 21 -- IT IS MOST regrettable that by ignoring the modern global trends like renunciation of war, peaceful settlement of disputes and economic development, India has accelerated alarming arms race in South Asia.
In this regard, in its report, the Stockholm International Peace Research Institute (SIPRI) has revealed on February 17, 2020 that in 2019, total global military expenditure rose to $1917 billion in 2019. It said that the five largest spenders in 2019 accounted for 62 per cent of expenditure. India is among the world's largest recipient of arms. According to the 'Military Balance 2018' report of IISS, "India's defence budget broke into the world's top five...beating the UK for the first time...India overtook the UK a...