China hikes defence budget by 10 per cent to USD 275 billion
Beijing (PTI): China on Thursday hiked its defence budget by a little over 10 per cent to USD 275 billion, about USD 25 billion more than last year as it ramped the modernisation of armed forces to catch up with the US military.
Roughly 1.9 trillion yuan (about USD 275 billion) will be allocated to national defence, Chinese Premier Li Qiang announced in his work report presented to the National People’s Congress (NPC) on Thursday.
The report said China's defence spending remains comparatively modest across key relative indicators, including its share of GDP, per capita defence expenditure, and defence expenditure per military personnel.
Last year China announced a 7.2 per cent increase for its national defence budget to USD 249 billion for 2025 which is a USD 17 billion rise compared to 2024.
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China’s defence spending, only second to that of the US, has been growing over the years putting enormous pressure on India and other neighbouring countries to scale up their defence budgets in the face of economic challenges.
In 2024, China increased its defence budget by 7.2 per cent to about USD 232 billion (1.67 trillion yuan) -- over three times that of India -- as it continues with the massive modernisation of all its armed forces.
China's defence budget figures are viewed with scepticism in the light of massive military modernisation, including building aircraft carriers, rapid construction of advanced naval ships and modern stealth aircraft being carried out at a feverish pitch by the Chinese military.
Meanwhile, China on Thursday lowered its GDP target to 4.5 to 5 per cent for this year in the face of Trump's trade tariff war, the worsening global crisis following the US-Iran war and headwinds in the domestic economy, owing to property market slump and unemployment crisis.
China has been setting a five per cent target for the GDP for the last three years amid growing domestic economic challenges. This year, the target is lowered to 4.5 per cent to 5 for the first time.
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Hyderabad retired professor in coma left without pension; family struggles to pay Rs 25 lakh bills
Hyderabad: A 64-year-old retired professor from Osmania University, Mohammad Ansari, is battling for life in a coma while his family struggles to meet mounting medical expenses due to an unresolved pension dispute.
According to The Times of India, Prof. Ansari, a former linguistics teacher, fell critically ill about 10 days ago due to kidney and lung complications and slipped into a coma.
His family has already spent nearly Rs 25 lakh on treatment, with daily hospital expenses ranging between Rs 30,000 and 40,000.
"We have spent about Rs 25 lakh so far. The hospital is charging between Rs 30,000 and Rs 40,000 daily. We don't have any money left. We can only afford a rehabilitation centre," said Fayyaz Ansari, brother of the retired Osmania University professor. He said that his brother had been running from pillar to post since 1996 to clear the anomalies in his service, but failed in his efforts.
Though he began working with the university in 1997 as part-time faculty and later became regular staff, the university reportedly agreed to consider his pension eligibility only from 2003, which he contested.
The family claims that despite court directions and intervention by an Assembly committee, the university did not recognise his service from 1996 for pension benefits.
"Despite selection, he was not given joining orders. He was forced to work as a part-time faculty. In 2003, after approaching the minority commission, the HC and the assembly, he finally got orders to join as full-time faculty," Fayyaz said.
Incidentally, even the LIC-linked pension, which was offered to those not eligible under the Old Pension Scheme (OPS), was denied to him despite premiums being deducted for close to 15 years on the grounds that he already has OPS. The total amount paid towards the pension was returned in 2018.
Students and well-wishers have begun crowdfunding to support his treatment. Members of the Osmania University Students’ Joint Action (JAC) Committee urged authorities to intervene and release his pending benefits or arrange financial assistance.
The issue was also raised in the Assembly by CPI MLA Kunamneni Sambasiva Rao.
However, university officials maintain that pension from 1996 cannot be granted. Registrar G. Naresh Reddy said, "He was not on the varsity rolls then. How can it be considered? In fact, this issue was placed before the executive council and the govt multiple times and it was rejected."
He said that when it comes to the LIC-linked pension, it is the govt that has kept it in abeyance and that, along with Ansari, 10 other faculty members, who joined between 2001 and 2004, were waiting for it to be resolved.
