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 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).
This article examines India’s defence expenditure over the past ten years. In so doing, it provides a public finance perspective to explain the recurring resource crunch being faced by the...
There is a need to formulate a composite policy that focuses on indigenisation in high priority technology areas, shedding the notion that it must necessarily result in savings. A more...
Given the limited resource base and various competing demands, the MoD needs to work on a plan to optimise its allocated resources, rather than hoping to bridge its entire resource...
Self-reliance in defence may be better realised if India’s military instrument were to be shaped by political guidance and geopolitical considerations instead of being carried away by the contemporary winds...
Although the new measures announced to fast-track the defence sector are significant, they do not add up to a comprehensive and overarching reforms package.
The inevitable reprioritisation of the central government’s expenditure in the coming union budgets would affect the resource allocations particularly for big ministries like the MoD, which will be forced to...
