India vs china Military power

As two rising Asian powers with high GDP growths and increasing geo-political influence, India and China have been arch rivals in their race to superpowerdom. The race for regional dominance between these two countries has also spawned a race for militarisation, with India sparing no efforts to match China’s military might. A comparative analysis is therefore overdue, to see how India and China fare against each other in their military strengths.
India vs China on Military Strength - Conventional and Nuclear.As two rising Asian powers with high GDP growths and increasing geo-political influence, India and China have been arch rivals in their race to superpowerdom. The race for regional dominance between these two countries has also spawned a race for militarisation, with India sparing no efforts to match China’s military might. A comparative analysis is therefore overdue, to see how India and China fare against each other in their military strengths.According to United States DoD (Department of Defense) reports for 2006, China’s military expenditure is estimated to be 80 billion US dollars. However, the official Chinese CPC government quote is a $30 billion military expenditure (which a lot of analysts believe is underquoted). The actual Chinese military capabilities and budget are shrouded in deep secrecy to prevent foreign countries having an idea of its military might…and perhaps to create the strategic advantage of uncertainity. If we were to go by the conservative official Chinese figure of $30 billion, it would put China second only to USA in global military spending. On the other side, India’s official military expenditure for 2006 is quoted at $22 billion by the Ministry of Finance (India) Budget (2006-2007). India however, does not keep a level of secrecy as cloaked as China does, as its democratic government system requires public accountability. By its official 2006 military budget figures, India stands at 9th position in global military spending.In 2006 India’s active military personell numbered over 1,325,000 while China was significantly higher at 2,255,000. In air defence, China’s PLA (People’s Liberation Army) Air Force has 9,218 aircrafts of which about 2300 are combat aircrafts, operating from its 489+ air bases. The Indian Air Force has 3382 aircrafts which includes 1335 combat aircrafts operating from 334+ bases and its sole aircraft carrier INS Viraat. The air superiority in China’s PLAAF is maintained by its fleet of Russian Su-30 MK and indigenously built J-10 fighters. Indian Air Force, on the other hand has French built Dassault Mirage 2000s and Russian Su-30 MKI as the best aircrafts in its combat fleet (no indigenous fighters or aircrafts have been deployed by India so far). Indian Navy is the world’s eighth largest navy with a with a fleet of 145 vessels consisting of missile-capable warships, advanced submarines, the latest naval aircrafts and an aircraft carrier in its inventory. It is experienced both in combat and rescue operations during wartime and peace as seen from its wars with Pakistan in 1971, the December 2004 Tsunami, etc. In comparison, China’s PLA Navy with its fleet of 284 vessels is quantitatively larger but lacking in actual war experience, which could undermine its strategic capability. As of 2007, China has no aircraft carriers in its naval fleet but is slated to build and induct an aircraft carrier by 2010.

creditworthiness of India’s biggest bank improved faster compare to chines bank

The cost of protecting State Bank of India’s debt from default fell for 11 straight days, the longest stretch of declines since at least 2004, as lenders’ willingness to extend loans underscores an improving economy.

Credit-default swaps on Mumbai-based State Bank dropped 55 basis points, or 0.55 percentage point, in the past six months to 155 on Dec. 16, CMA data show. Bank of China Ltd. contracts fell 24 basis points to 118 while those for OAO Sberbank, Russia’s largest lender, declined 11 to 188.

The perceived creditworthiness of India’s biggest bank improved faster than for lenders in the other largest emerging markets as companies step up borrowing for construction projects. Prime Minister Manmohan Singh is targeting 9 percent growth for at least the next three decades and plans to spend about $1 trillion on roads, ports and public infrastructure.

India’s Reserve Bank has been prompt in raising rates to head off inflation, the economy is strong, non-performing loan ratios are under control and bank credit-default swaps are reflecting that Hong Kong-based head of credit strategy at Standard Chartered Plc.The perceived creditworthiness of India’s biggest bank improved faster than for lenders in the other largest emerging markets like china as companies step up borrowing for construction projects. Prime Minister Manmohan Singh is targeting 9 percent growth for at least the next three decades and plans to spend about $1 trillion on roads, ports and public infrastructure.

Where does India stand in comparison to China?

India and China are two major powers in the Asian continent and both have an important role to play in all major fields of this region. Apart from being a responsible nuclear power, the story of economic development of both the nations in recent times remains a topic of global debate.

It has been a habit and inseparable part of human nature that we keep comparing our growth and status from our neighbours. Whether we talk of an individual living in any colony or we talk of the nation as a whole, we have been making comparisons with our neighbour China every now and then. Right from sports to infrastructure, satellite development to military progression, we keep the example of China ahead us before analyzing the position of our country even if it draws some criticism from some quarters.

It is no secret that China has achieved a better part in many fields and is now having world class bullet trains connecting its major cities and in years to come, China will be adding more lines for a faster connectivity whereas we have not been able to complete Metro Rail projects in even five major cities till date including our capital where Delhi Metro Rail Corporation (DMRC) is trying its level best to complete as much as possible before the commencement of Commonwealth Games.

When it comes to Railways, China no doubt is far ahead of us and we don’t even bother to think why after having talented engineers and the best of the machines available with our companies, we lag far behind in completing our national projects in the stipulated time. For the last five years, the demand of commuters travelling on Aishbagh-Sitapur section of the north-eastern railway for gauge conversion is lying in the cold storage. The work on Luckhnow-Moradabad section of the northern railway began in 2006. This is the fifth year running and we have not been able to electrify the route even up to Bareilly which is some 245 kms away. This is the speed of our progress in the 21st century.

Leave aside the Railways; let us take the development speed of road construction. It was in the year 2006, when the work to widen National Highway- 24 was awarded and it was decided to make an expressway between Luckhnow and Sitapur. Some 72 kms was to be constructed and it’s the fifth year, the work has not been completed.

Why are we so lethargic in completing national projects? We have no explanations for that. The costs keep rising with the passage of every year and ultimately we pay three to four times of the cost due to delay in projects.

There is no coordination among the departments involved and too much of red tapism make things worse here in India. The projects once formulated in China take one-fourth time in getting completed, than what our companies normally take, here. The time has come when we must push ourselves to work for nation building in the right spirit by putting the habit of taking commissions aside. If we can’t keep ourselves ahead of China then let us also not take things casually and get out of the race.

If our neighbour can achieve something in lesser time, then we must acknowledge its sincere efforts and salute the national character of its people who are committed to nation building. We have to shed this ‘chalta hai’ attitude and have to bring in some sincerity and accountability among our people engaged in these national projects. Till we don’t become honest to our own self while discharging national duties we will not be able to get ahead of China in the years to come.