Laxman K Behera

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  • Laxman K Behera is Research Fellow at Institute for Defence Studies and Analyses, New Delhi. Click here for detail profile.

    The Indian Defence Budget 2007-08

    On February 28, 2007, Finance Minister P. Chidambaram presented the Union Budget for the fiscal Year 2007-08 (April 1, 2007 - March 31, 2008). Out of a total budgeted expenditure of Rs. 6,80,521 crore, Rs. 96,000 crore was earmarked for national Defence, which includes allocations to the three Services - Army, Navy and Air Force - Defence Ordnance Factories, and the Defence Research and Development Organisation. This is besides the allocation of Rs. 16, 695.83 crore for Defence Civil Estimates, including Rs. 14,649 crore for Defence Pensions.

    March 09, 2007

    The US Defence Budget for 2008

    On February 5, 2007, President Bush presented his administration's budget for fiscal year 2008 (October 1, 2007 to September 30, 2008). Out of a total budgetary allocation of US $2.9 trillion for all sectors, $623 billion (21 per cent) was earmarked for defence purposes, including those for war efforts in various parts of the world. With the new budget, America's military budget has doubled since Bush took office in 2000 and is now higher in real terms than any other year in the last half-century.

    February 21, 2007

    China's Defence White Paper: Can India Draw Some Lessons?

    On 29 December 2006, China released its latest white paper on national defence. Though this document is widely perceived as opaque in budgetary facts and figures, it gives policy makers and analysts enough information to analyse China's regional and global security and political roles. Two crucial aspects of the paper -- defence modernisation plan and defence budget -- have significant bearing on India, considering the political and economic rivalry between the two neighbours.

    January 31, 2007

    Economics of Indo-US Nuclear Deal

    With President Bush signing the India-US nuclear co-operation bill into law, critics and supporters of the bill have once again reinforced their stated positions over the future benefits and losses accruing to both countries as well as the world at large. While supporters have left no stone unturned in emphasising upon the strategic, bilateral and political importance of the bill, critics have flatly described it as an 'historical mistake' which will hound efforts to curb nuclear proliferation in years to come.

    January 18, 2007

    Impression on International Seminar on Defence Finance and Economics

    The recently concluded three-day international seminar on Defence Finance and Economics, organised by the Indian Ministry of Defence (Finance) in New Delhi, covered a wide variety of issues concerning defence finance and economics and reflected on varied perspectives and practices from across the globe. The seminar was of particular importance because of the involvement of policy makers, academics, and other experts from think tanks and the media, in exchanging and discussing their views in the realm of the changing business and spectrum of defence worldwide.

    November 24, 2006

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