The reaction to President Trump’s utterances and avowed policies on the Mexican border wall and tariff has attracted strong criticism. It is surprising that Trump, who is known to view developments and decide on policies in transactional terms, appears short-sighted and unwilling to view the implications of his policies in a long-term perspective.
While certain changes in the format of the defence Demand for Grants have brought even more complexity to the task of estimating India’s official defence budget, the fact remains that there has only been a meagre increase of 5 per cent which is grossly inadequate to keep the Armed Forces in fighting form.
Budget is not just all about figures but also a statement of policy. The Defence Budget for 2017-18 contains no hint of any intention of the government to bring about a paradigm shift in the defence policy.
Suriname’s national army remains critically deficient in terms of air transport and maritime surveillance aircraft. It is an open question whether country’s armed forces will prove equal to the task of combating transnational organised crime.
If the defence expenditure relationship to the GDP of 1.65 per cent is maintained, we may see a budget estimate (BE) for defence expenditure of Rs. 285,000 crores, against the current year BE of Rs. 249,099 crores.
The presentation of the Union budget on February 1 is expected to ensure full utilisation of allocated funds and will ensure that ‘New Schemes’ can be processed, approved and contracted from April 1, 2017.