Three months after the National Democratic Alliance (NDA) was swept to power at the centre in the general elections held in April–May 2014 to the 16th Lok Sabha (the lower house of the Indian Parliament), the Standing Committee on Defence was constituted under the chairmanship of Major General B.C. Khanduri (Retd.), former Chief Minister of the northern state of Uttarakhand and a prominent member of the Bharatiya Janata Party (BJP), which is the main constituent of the NDA.
Defence Budget 2015 -16: The Writing on the Wall
It is a fairly simple exercise to estimate what the defence budget will be given available indicators. My assessment is that the Budget Estimate for defence is likely to be around Rs. 250,000 crore, with 105,000 crore for Capital Expenditure and 145,000 Crore for Revenue Expenditure.