The evolution of cutting-edge technologies such as Artificial Intelligence (AI), the Internet of Things (IoT), Unmanned Aerial Vehicles (UAVs) and standoff weapons have presented new challenges to defence and security...
Defence expenditure must be aligned with operational requirements and the MoD's capacity to utilise the funds rather than be pegged to a certain percentage of the GDP.
In the regular budget estimates for the Ministry of Defence for 2024–25, there is continuing focus on innovation, domestic procurement, operational readiness and prioritising the well-being of the Service personnel.
The budget estimates for the Ministry of Defence (MoD) for 2024-25 are Rs 621,540.85 crore, constituting 13.04 percent of the total Union Budget and 4.7 per cent higher than BE...
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...
In the Union Budget 2023–24, the estimated allocations for the Ministry of Defence (MoD) are Rs 5,93,537.64 crores, an increase of 13 per cent over BE 2022–23 (Rs 5,25,166.15 crores).