We need not whine about India’s small defence budget

The Narendra Modi government’s first budget of the second term has generated predictable reactions, but one of the most predictable ones pertains to its treatment of the defence sector. Finance minister Nirmala Sitharaman has allocated 4.31 trillion for military spending (including military pensions of1.12 trillion), keeping it unchanged from the 1 February interim budget.

Compared to around 17% in 2014-15, this year’s defence budget will comprise 15.5% of government expenditure and only 2.04% of gross domestic product (GDP), as compared to 2.28% of GDP in 2014-15. What was significant was the decision of the finance minister to exempt the import of defence equipment from basic customs duty in light of the nation’s defence modernization requirements.

Given the above numbers, as was expected, there has been criticism of the government for failing to adequately provide for the needs of the armed forces. Read  More

You may also read!

Kartarpur Corridor: India Raises Concern Over Pro-Khalistan Groups Using Pilgrimage For Propaganda

Even as it is moving ahead with the Kartarpur corridor project, India has concerns about pro-Khalistan elements in Pakistan


Kargil visit induced in me new-found respect for Indian Army: Rajnath Singh

Defence Minister Rajnath Singh on Sunday said his recent visit to Kargil had renewed his confidence and respect for


Pakistan PM Imran Khan to hold talks with US President Donald Trump on Monday

Prime Minister Imran Khan and US President DonaldPakistan PM Imran Khan to hold talks with US President Donald Trump


Mobile Sliding Menu