Expenditure on defence good investment, not drain on country's finances, says former Army chief Naravane

Asserting it is a misplaced notion that defence expenditure is a drain on finances, former Army chief Naravane said, "Actually, expenditure on defence is an investment, from which you get good returns. You have seen when there is instability, straightaway the stock market crashes. If the country is stable, it attracts foreign investment."


via Economictimes

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