Defence Budget

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    • Defence Budget under stress: Can 2018-19 be the catalyst for change?

    Innovative ways will have to be examined and existing systems, practices and procedures need to be questioned for finding optimum solutions to relieve budget stress.

    Vinay Kaushal
    January 29, 2018

    Standing Committee on Defence's Prescription for increasing Capital Budget May Not Work

    The Thirty-first Report of the Standing Committee on Defence (SCoD)1 was submitted to Parliament on 9 March 2017. The report examined the capital outlay for the defence services for the year 2017–18, procurement policy of the Ministry of Defence (MoD) and defence planning. A glance through the report showed that, apart from a rather sketchy analysis of these issues, the committee has only ended up making hackneyed observations and recommendations that have been made repeatedly in the past without much success.

    Amit Cowshish
    October 2017

    13th Five-Year Defence Plan (2017-22) – A Re-Run of the Past

    13th Five-Year Defence Plan (2017-22) – A re-run of the past

    Achieving the intended outcomes of the 13th five-year defence plan is critically dependent on the ability of the Ministry of Finance to increase the defence budget by at least 100 per cent from next year onward.

    Amit Cowshish
    July 31, 2017

    DIPP Accords Preference to Local Suppliers in Public Procurement

    Indian industry, which is the intended beneficiary of this preference policy, needs to play a proactive role in facilitating the smooth implementation of the order.

    Amit Cowshish
    July 07, 2017

    Raising Defence Budget to Three Per Cent of GDP

    Speaking at the United Service Institution on May 4, 2017, the Chief of the Army Staff said that India needs to spend much more on military modernisation to ensure that economic growth continues unhindered.

    Amit Cowshish
    May 08, 2017

    Dual Charge – An Opportunity to Fix Financial Management in Defence

    It is important to restore the functional self-sufficiency of the finance division of a ministry which handles 17-18 per cent of the total central government expenditure so that it could discharge its responsibilities without real or perceived pressures.

    Amit Cowshish
    March 21, 2017

    Defence Expenditure: A Challenge for Defence Economists

    The basic challenge for defence economists is to demonstrate that there are other feasible ways of skinning the cat during budget formulation. But the challenge is also inextricably linked with the need for rationalisation of defence expenditure.

    Amit Cowshish
    March 14, 2017

    Indian Defence Budget: Challenging Times

    The past decade, and in particular the Twelfth Plan period, have been challenging times for the Indian defence budget. Strategic foresight demands that India’s military strength and capabilities relate to diverse challenges by way of a not unlikely two-front war, the attendant imperatives for a ‘Cold Start’ capability, non-conventional challenges from non-state actors, counter-terrorism capabilities and unavoidable internal security responsibilities.

    Vinay Kaushal
    January 2017

    India’s Defence Budget 2017-18: An Analysis

    While certain changes in the format of the defence Demand for Grants have brought even more complexity to the task of estimating India’s official defence budget, the fact remains that there has only been a meagre increase of 5 per cent which is grossly inadequate to keep the Armed Forces in fighting form.

    Laxman Kumar Behera
    February 03, 2017

    Defence Budget 2017-18: What the Macro-Economic Factors Foretell

    If the defence expenditure relationship to the GDP of 1.65 per cent is maintained, we may see a budget estimate (BE) for defence expenditure of Rs. 285,000 crores, against the current year BE of Rs. 249,099 crores.

    Vinay Kaushal
    January 31, 2017

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