CURRENT AFFAIRS

Detailed explanation-1: -It was signed by the two Defence Ministers during Rajnath’s visit to Cairo. India and Egypt on Tuesday, September 20, 2022, signed a Memorandum of Understanding (MoU) to further enhance bilateral defence cooperation.

Detailed explanation-2: -India and Cyprus have signed a number of agreements in various areas including on Defence and Military Cooperation between the two countries.

Detailed explanation-3: -Union Budget 2022-23: Total allocation under capital outlay of Defence Services was enhanced to Rs 1.52 lakh crore in Budget 2022-23.

Detailed explanation-4: -Currently, India has defence cooperation agreements with over 53 countries. In light of evolving power dynamics and new challenges, India must consider utilising its defence forces and related scientific, technical, business and academic communities to protect its sovereignty, independence and territorial integrity.

Detailed explanation-5: -Though India is not a part of any major military alliance, it has close strategic and military relationship with most of the fellow major powers. Countries considered India’s closest include the United Arab Emirates, Russian Federation, Israel, Afghanistan, France, Bhutan, Bangladesh, and the United States.