Many countries keen to sell weapons to Bangladesh

[Genghis khan1]

One-third of this spending goes to maintain overbloated military pension which does not enhance military capability. So India's real defence budget should be no more than $45-50 billion. No other country spend this much for military pension like India. India has policy to give retirement at 35 years of age for common soldiers. Given that India's has to maintain an army 1.2 million strong, this early retirement policy created a lot of pensioners. The logic behind this early retirement is to 'keep army youthful'. So, most of defence budget of India is being spend on salary, pension and other benefits leaving little for arms procurement. According to various sources, 70 percent of Indian defence equipments are obsolete. So, $72.9 billion defence spending actually does not translate into proportionate military power. This is why Pakistan despite spending just 1/7th of Indian defence budget on military, keeping up military power balance with India.

Same in US, soldiers who joins military at 17 yoa, can retire with 50% salary at age of 37 and 100% retirement at age of 47. Plus retirement brings additional benefits like free medical and perks.

 

[Homo Sapiens]

Same in US, soldiers who joins military at 17 yoa, can retire with 50% salary at age of 37 and 100% retirement at age of 47. Plus retirement brings additional benefits like free medical and perks.

Does US spend one-third of their defence budget on military pension? Last year, India's defence budget was 4.71 trillion Rupees, out of that 1.33 trillion Rupees was military pension.

 

[Imran Khan]

I still believe with less than 5 billion USD we can't afford western military products. Only Chinese and Turkish military products we can afford in effective numbers.

Just my pov...

if you see the link you must understand that its feel good article sir .

 

[The Ronin]

Maggi noddles ta aisha porse open forum er bal felte. ^_^.

I still believe with less than 5 billion USD we can't afford western military products. Only Chinese and Turkish military products we can afford in effective numbers.

Maybe not fighter jet in large number and submarine. But i believe we can afford other major items. It will be a good thing if we don't have to rely on Russia, US and EU for major offensive weapons in future such as fighter jet. They tend to do politics with them a lot.

Are there any official sources confirming this ? Very big news if true.

This is old news verified by US officials more than two years ago. If i am not wrong it'll take some years to negotiate.

ar koto din opekkha korte hobe bhai ? MRCA dekhar shujog hobe kina janina

Lets wait till 2022 and see what happens. Even if we order now it'll take time to receive the fighter jet anyway. The way things are looking right now, the deal should be signed soon. At least hoping that we won't delay like other countries.

We faced a lot hurdles for this MRCA. Like i said before if it wasn't for CAATSA and skepticism about the Chinese engine including other issues MRCA deal would've signed by now. If we go fully western for our whole MRCA fleet instead of diversifying then gotta tolerate the country for at least 30-35 years. Better step carefully.

It's made public. But large purchases are usually done through planning ministry if I recall correctly.

Why planning ministry would be involved in this? This is not their work. Planning is done by three military wings, the rest is upto DGDP, MoD, AFD and finance ministry. Procurement budget seems different judging by the plans published by MoD.

 

[leonblack08]

Why planning ministry would be involved in this? This is not their work. Planning is done by three military wing, the rest is upto DGDP, MoD and finance ministry. Procurement budget seems different judging by the plans published by MoD.

I recall reading a news report a few years ago where the then planning minister Air Vice Marshal AK Khandker put forth the plan to buy the MRCA in parliament. I think this was way back in 2010-13.

Honestly don't care how they process the procurement, as long as they actually do it.