Tag: defence budget

9 Results

  • Signal of intent~I

    Signal of intent~I

    Jobs ~ the most urgent problem facing the nation ~ also got much less focus than it deserved. A Finance Minister‘s job is a tightrope balancing walk and some compromises are necessary, especially so because the budget was presented amidst unmistakable signs of a slowing economy.

    July 17, 2019
  • Interim Budget 2019: Defence Budget enhanced beyond Rs 3 lakh crore for first time

    Interim Budget 2019: Defence Budget enhanced beyond Rs 3 lakh crore for first time

    Union Finance Minister Piyush Goyal, presenting his maiden Budget in Parliament on 1 February, said that for the first time the defence budget has been enhanced beyond Rs 3 lakh crore.

    February 1, 2019
  • Right-sizing the Army

    Right-sizing the Army

    While the recent Rafale controversy raises controversial questions on price and propriety ~ not to speak of the dark hints of crony capitalism ~ the rationale for procurement is hardly a matter of debate. The need for defence modernisation is above board, but what was lost in the melee was a recent report that the …

    October 16, 2018
  • Transformation or restructuring?

    Transformation or restructuring?

    A recent conference at Army HQs discussed the restructuring of the force. Few have termed it as a transformation exercise. Transformation would only flow from a realignment of objectives, roles and tasks, none of which appears to have been announced till date. None is likely to be announced as neither the defence ministry nor the …

    September 18, 2018
  • Army ‘right-sizing’

    Army ‘right-sizing’

    When politicised legal-eagles arrogate to themselves the right to pass judgment on matters on which they have little expertise the outcome can be disastrous. With all due respect, Abhishek Manu Singhvi has made a mess of trading his gown and bans for a brass hat when flaying the Army’s move to reduce unnecessary manpower and …

    September 17, 2018
  • Imran has a long and rocky road ahead

    Imran has a long and rocky road ahead

    Imran Khan as Prime Minister is a reality. He was sworn in last month. His rapid ascent from political periphery to the PM’s office has left both his detractors and followers astounded. The humongous and sincere support of the establishment – which he got – and subsequent elections played a conspicuous role that is surprising …

    September 10, 2018
  • Defence Budget’s share in GDP down, allocation up

    Defence Budget’s share in GDP down, allocation up

    The share of Defence Budget as a percentage of the GDP has gone down over the last few years even as the expenditure in absolute terms has increased, the Defence Ministry said on Wednesday. The Defence Budget was 2.15 per cent of the GDP in 2015-16. It went down to 1.65 per cent of the …

    December 20, 2017
  • China hikes defence budget to $152 billion

    China hikes defence budget to $152 billion

    China has hiked its military spending by seven per cent to $152 billion, about three times higher than that of India, as Beijing braced for countering America's push into the disputed South China Sea. After skipping the customary mention of the figures of defence spending in the work report submitted by Chinese Premier Li Keqiang …

    March 6, 2017
  • China hikes defence budget to $152 billion

    China hikes defence budget to $152 billion

    China has hiked its military spending by seven per cent to $152 billion, about three times higher than that of India, as Beijing braced for countering America's push into the disputed South China Sea. After skipping the customary mention of the figures of defence spending in the work report submitted by Chinese Premier Li Keqiang …

    March 6, 2017