Navy budget declined from 18% to 13%: Chief Admiral Karambir Singh

Indian Navy Chief Admiral Karambir Singh admitted that their defence budget has declined in recent years. "Navy's share in defence budget has declined in the last few years. From 18% it has come to 13% in recent years, said Admiral Karambir. Later, while replying on China's presence in Indian Ocean, Admiral Karambir Singh said, "we are constantly watching it."