Every February, headlines focus on defence budget allocation. But real question is—how much money was actually spent & why did promise-delivery gap widen in some years, narrow in others?
ThePrint’s analysis of all budgets from 1999-2026 shows that the capex as total share of defence budget was the highest under UPA I & II. Multifold jump in pension outlays.
On 21 April 1975, Godhra MP and founding member of Swatantra Party spoke in the Lok Sabha during a debate on defence expenditure and purchase of arms. 'We have been, especially since the last war with Pakistan, shopping round the world.'
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.
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.
The Parliamentary Standing Committee on Defence can bring much needed clarity on India's national security that Nirmala Sitharaman’s Budget didn’t answer.
PM Modi targets $5 billion in defence exports in next 5 years. If 'Make in India’ reaches its full potential, $10-15 billion is achievable in a decade.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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