Bhartendu Kumar Singh belongs to the Indian Defence Accounts Service (IDAS) and is Deputy Controller of Defence Accounts at the Office of the Principal Controller of Defence Accounts (PCDA) New Delhi
World over, differences exist about the impact of military expenditure. While development economists consider excessive military expenditure as wastage, many defence economists have a different view. With the defence versus1 development debate unending, China makes a unique contribution. While China’s defence expenditure is not well known, the hinese experience shows that investments in development do provide an expanded economic base subsequently, which will take care of defence needs.