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defence budget

Decoding the defence budget

The finance minister must consider the viability of announcing independent service capital budgets in an era when the armed forces are undergoing a major transformation with the creation of the Department of Military Affairs (DMA) and theatre commands. Ideally, service allocation should be done by the CDS based on a common threat profile and joint capability requirements of the forces.

Defending India

With challenges on two fronts, India would have to gradually raise its defence spending to deal with increasing external threats