Monday, 5 December, 2022
TopicDefence budget

Topic: Defence budget

Modi govt & armed forces should cut personnel by another 10%, not recruit to fill ‘deficit’

We're using quantity to compensate for quality, and India’s defence budget can't increase too much. Army has a chance to bring about long-term reforms.

China raises defence spending by 7.1% despite lowest GDP growth forecast in 3 decades

China’s 2022 defence budget is over thrice the size of India’s spending. In 2021, China’s defence spending crossed $200 bn for the first time. This year, it’s up to $229.7 bn.

Now, Europe seeks higher defence spending but years of cuts & ‘neglect’ haunt militaries

Many countries have announced defence budget hikes, with Germany ending decades-old freeze. But ambitions will have to be balanced with legacy of underspending, capacity issues.

India’s new Maritime Security Coordinator is 22 years too late. But it ticks many boxes

A Group of Ministers, set up in 2000, after the Kargil conflict, had first recommended setting up “an apex body for the management of maritime affairs”.

Finance ministry’s ‘assured funds’ is old story. Army can utilise land to generate revenue

Smart defence budgeting has become important with China encroaching on India. This revenue model of the Army workforce can help.

India’s defence budget is good news for Navy, BRO; bad news for China. But there’s a catch

Budgetary hikes in defence allocation do mask the challenge of the availability of resources. Sustained growth is needed to fill this gap.

Defence procurement gets Budget boost, Modi govt hikes capital outlay to Rs 1.52 lakh crore

Overall defence budget for 2022-23 stands at Rs 5.25 lakh crore, up from Rs 4.78 lakh crore in 2021-22. Defence budget is 13.3% of total expenditure planned by Centre for 2022-23.

Defence innovation will cost money, private control. Else be happy with drone light shows

Govt procedures that masquerade as safety nets for minimising financial loss can only stifle innovation. Modi govt's well-intentioned iDEX scheme seems headed that way.

India can learn from Azerbaijan how to spend smart on military when budget is thin

Modi govt's capital budget allocation for 2021-22 is lower than the amount armed forces had sought in 2014-15. But spending more is not the answer, spending right is.

Modi or Manmohan, India’s military needs haven’t been met under either for 10 yrs, data shows

Over the last 10 years, the share of the defence budget spent on capital outlay has declined, from a high of 30% in 2011-12 to as low as 22% in 2018-19. 

On Camera

YourTurn

Protests sparked by draconian lockdowns may thwart China's plans to become a global superpower

Why China’s protests against Zero Covid won’t challenge Xi Jinping yet

Scholars and diplomats at the prestigious Institute of Chinese Studies conference discussed Socialism with Chinese characteristics in the New Era last week. Here’s what they said.
Representational Image.| Pixabay

Rupee to hover near weaker side of 81/dollar, bond yields await RBI’s monetary policy decision

The rupee ended last week at 81.3175 per dollar but underperformed its Asian peers due to strong demand for the greenback from corporates.

Defence

Russian President Vladimir Putin with Chinese President Xi Jinping. (Photo Credit - Reuters)

In western arms sanctions on Russia, China’s arms industry could stand to gain

The arms export embargoes on Moscow could create an opportunity for Beijing to supply arms to countries like Myanmar, which are heavily dependent on Russian arms.
Illustration: Soham Sen | ThePrint

Gujarat election is anything but dull. BJP’s political neurosis about AAP is the hidden headline

Gujarat is the only state where Modi is directly in contention. Even if he wins, the team that runs him closest has much to gain.