 "military budget, defence budget, army budget, army weapons")
Military conflicts between two neighbouring countries will always have an adverse impact on the finances of their governments. In India’s case, such an impact was felt by its government about two and a half decades ago. Lasting a little over two months, the Kargil war had seriously harmed then finance minister Yashwant Sinha’s fiscal calculations for 1999-2000. Mr Sinha had proposed to bring down the fiscal deficit in 1999-2000 to 4 per cent of gross domestic product (GDP), a steep reduction over that of the previous year. Thanks largely to the Kargil war, the fiscal deficit in 1999-2000 failed to
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