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Tag: defence budget

13 Results

  • Pros and cons of the Tour of Duty idea

    Pros and cons of the Tour of Duty idea

    Added to this is the increasing pension budget, which is officially not part of the defence budget but considered alongside it by the finance ministry.

    May 19, 2020
  • Defence exports in India have grown seven-fold in last two years: Government

    Defence exports in India have grown seven-fold in last two years: Government

    In a written reply to MP Sambhaji Chhatrapati in Rajya Sabha, the Minister of State for Defence Shripad Naik said that various reforms and steps have been taken to enhance defence exports.

    February 10, 2020
  • Defence of the Realm

    Defence of the Realm

    This is the right time for the Chief of Defence Staff to intervene and fight for the modernisation of the armed forces lest we are again caught with our pants down as in 1962. The defence strategists have failed to analyse as to why the Modi government is not giving priority to defence modernisation when a severe threat from our adversaries is lurking. Pakistan's defence budget is about 3.5 per cent of GDP whereas China's is about 4 per cent of GDP. India's budget should at least be about 3 per cent of GDP if not more, notwithstanding the economic slowdown

    February 7, 2020
  • Finding innovative ways of managing defence budget

    Finding innovative ways of managing defence budget

    The nation, apart from allocating funds for national security, must also cater for development, social reforms and upliftment of its population.

    February 4, 2020
  • 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