What's new

Defence allocation likely to go up by 20%

. . . . . . .
And do what?? Hire an additional 1000 people to sit idol and enjoy the luxuries of Govt job?

DRDO requires a major revamp, from the way its funtioning currently.


That is a different discussion. You know the Akash missile whose R & D cost around 500 crores has got an order of above Rs 30000 crore. CHina spends 20% of her defense budget on R&D. We just spend 5%.
 
.
Ideally it should be somewhere between 2.5-3% .

The point is not about having the allocation but spending it judiciously. Remember the last three years entire defence budget of even 1.7% was not spent and money was returned to finance ministry causing imbalances.

The point is, we need to ramp up domestic manufacturing and development while focus on buying from outside what we had earlier committed to the forces.

That is BS. India spends 2,4 % (2009-2013). To claim that money is not a problem is just bravado. All military expenditures need to be balanced with other needs.

Military expenditure (% of GDP) | Data | Table

You clearly don't remember what happened in the last three years after the previous government scaled down defence expenditure to 1.7%.
 
.
The point is not about having the allocation but spending it judiciously. Remember the last three years entire defence budget of even 1.7% was not spent and money was returned to finance ministry causing imbalances.

The point is, we need to ramp up domestic manufacturing and development while focus on buying from outside what we had earlier committed to the forces.



You clearly don't remember what happened in the last three years after the previous government scaled down defence expenditure to 1.7%.

Or at least there should be a rule to carry forward the unspent allocated budget.
 
.
Or at least there should be a rule to carry forward the unspent allocated budget.

That will mess up Jaitley's calculations. The money allocated must be spent judiciously and not left rusting.
 
.
Back
Top Bottom