Sources say the government is looking to invest in equipment for the armed forces to boost capability in dealing with possible threats from across the border.
Army, Navy and Air Force were hoping for increased allocation as they are in the midst of a modernisation process, with several projects waiting to be kicked off.
A Parliamentary committee has expressed concern that India’s defence expenditure at 1.56 per cent of GDP in 2017-18 — down from 2.6 per cent in 2014-15 — is at its lowest since the 1962 war with China.
While the language war in other states is targeting those who can't speak the local language, in Bengal, even those whose mother tongue is Bengali have to constantly prove their Bengali-ness.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
Capable of being fired in plain and high-altitude areas, it has day-and-night capability and two-way data link to support post-launch target, aim-point update.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
130 billion USD for 7 years is about 19 billion a year. That’s paltry. 130 billion per Year in addition to the regular annual military budget will break Pakistan’s back and give China some pause. Is India ready to dominate and win a two-front war this year? That’s the real question. If not, then 130 billion USD per year really looks good in terms of safe guarding the nation.
FROM WHICH MONEY TREE?
Dear Print please ask your “sources” to clarify if the 130 billion USD, promised for modernisation, is on top of the existing defence budget or in addition to it.
In either of the cases, please enquire of your sources, where is this money coming from?
The economy has tanked there is no money in the kitty.
What developmental programs and civilian services are to be cut to fund this, is it healthcare, education or aid to farmers?
Or will it be extracted when we reach our 5 Trillion dollar pie in the sky dream of an economy.
Hi Ali Hussain, You wrote, “…is on top of the existing defence budget or in addition to it.”. They really mean one and the same. Are you a Pakistani? Its true Pakistan’s economy has tanked and has no money in the kitty. You seem unduly worried for an enemy to be bothered about India’s welfare.
Sad to see Billions wasted on military when the country is economically in bad shape and people are poorly fed.. There are no winners in arms race.
130 billion USD for 7 years is about 19 billion a year. That’s paltry. 130 billion per Year in addition to the regular annual military budget will break Pakistan’s back and give China some pause. Is India ready to dominate and win a two-front war this year? That’s the real question. If not, then 130 billion USD per year really looks good in terms of safe guarding the nation.
FROM WHICH MONEY TREE?
Dear Print please ask your “sources” to clarify if the 130 billion USD, promised for modernisation, is on top of the existing defence budget or in addition to it.
In either of the cases, please enquire of your sources, where is this money coming from?
The economy has tanked there is no money in the kitty.
What developmental programs and civilian services are to be cut to fund this, is it healthcare, education or aid to farmers?
Or will it be extracted when we reach our 5 Trillion dollar pie in the sky dream of an economy.
Hi Ali Hussain, You wrote, “…is on top of the existing defence budget or in addition to it.”. They really mean one and the same. Are you a Pakistani? Its true Pakistan’s economy has tanked and has no money in the kitty. You seem unduly worried for an enemy to be bothered about India’s welfare.