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  • Defence Budget 2020-21

    The slowdown in economic growth not only seems to have cast its shadow on the allocation of the defence budget for 2020-21 but has also compounded the challenges for the country’s first CDS.

    February 12, 2020

    India’s Defence Budget 2020-21

    Considering that the defence capital expenditure already accounts for a very high share in the central government’s overall capital spend, any substantial hike in the former’s share looks less likely. This is more so given the government’s priority to spend on infrastructure and other non-defence capital assets to revive the economic growth.

    February 04, 2020

    Anil Sood asked: What are the rules regarding multiple bids for the same OEM in defence procurement?

    Amit Cowshish replies: The query is not very clear, but to answer it in broad terms, three specific paragraphs in the Defence Procurement Procedure 2016 have a bearing on the issue of multiple bidding.

    Best Practices in Financial Management: Accrual Accounting for Defence

    Changes in public financial management across the globe have necessitated India to revisit its traditional methods of managing and depicting its public finances. One of the major changes envisaged is a quest to migrate gradually to accrual accounting from the traditional cash-based accounting.

    2019

    Additional Allocation for Defence – A Challenging Task for MoF

    The government seems to have little fiscal space for accommodating the demand of the armed forces for additional funds, given its quantum on the one hand and the state of its revenues on the other which are already quite stressed.

    September 26, 2019

    Can Fifteenth Finance Commission Resolve Funding Problems of Defence?

    Even if the Fifteenth Finance Commission manages to make a specific recommendation about the funds to be allocated for defence and internal security and the government accepts the recommendation, there can be no guarantee that the actual allocation will not fall short of the accepted level.

    July 24, 2019

    No Further Increase in Defence Outlay: Need to Move On

    It would be nice to see the defence ministry setting up a task force and submitting actionable recommendations which could be considered by the finance minister while deciding the defence outlay next year.

    July 10, 2019

    India’s Defence Budget 2019-20

    With the latest Union budget keeping the MoD interim allocation unchanged, the MoD has an uphill task in managing its resources and in funding its modernisation programmes.

    July 08, 2019

    Defence Agenda for Modi Government 2.0

    Implementing the outlined 27 reform measures in four broad areas – Planning, Defence Budget, Acquisition and Make in India – would strengthen defence preparedness and build a credible defence industrial base.

    June 06, 2019

    Fallibility of the Fall Clause

    While the purpose of the Fall Clause, a price safety mechanism in rate contracts, is indubitable, some issues concerning its applicability and implications, both for the buyer and the seller, merit a review.

    May 08, 2019

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