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Monday, 26 May 2014

Defence ministry seeks 25% hike in budget http://ift.tt/1jUgLJ1

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Defence News - Armed Forces seek 25% hike in Defence Budget

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The defence ministry has

sought an almost 25% hike in its

budget, pointing to "operational gaps"

in manpower, machines and

infrastructure, in the action plan

prepared for the Narendra Modi

government.

The defence establishment has also

urged the new political dispensation to

take a call on a wide range of issues,

ranging from recommendations of the

Naresh Chandra task force on higher

defence reforms to the creation of

three new tri-Service commands for

space, cyber and special forces.

The action plan's underlying message,

however, is that existing funds are

proving grossly inadequate to ensure

the country's war machinery is kept

fighting fit. Leave alone the dwindling

capital budget for new acquisitions,

the defence establishment is "running

quite short" of even revenue

expenditure to "properly maintain"

existing or new weapon systems with

sufficient spares.

The defence outlay was pegged at Rs

224,000 crore in the 2014-2015 interim

budget, with the Rs 134,412 crore

revenue expenditure far outstripping

the capital one for new weapons,

sensors and platforms at Rs 89,588

crore.





from Indian Defence Forum - Indian Army http://ift.tt/1jUgLJ1

via IFTTThttp://ift.tt/1jUgLJ1

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