Page 5 - Defence Budget

Rahul Gandhi slams Centre for 'betraying India's defenders' in Union Budget

The Wayanad MP has been time and again slamming the Centre and its policies

Increase in capital outlay of Defence amid pandemic is huge step: IAF Chief

Defence forces received more than 18 per cent hike over last year in capital outlay meant for acquisition of new weapon systems

Best of BS Opinion: Defence budget, policy on disinvestment, and more

Here are the top BS Opinions of the day

Reading the defence budget tea leaves

MoD has managed the defence budget well in a difficult year, but long-term fixes are needed

Defence allocation remains same, IAF gets highest capital boost in Budget

Budget allocations for 2021-22 are skewed, with the IAF allocated Rs 53,215 crore, the Navy Rs 35,904 crore, and the Army getting Rs 36,532 crore

Spend, earn, tax: Finances of Union Budget 2021 explained in nine charts

Taxes on individual incomes will now bring more revenue to the government than taxes on corporate profits

Navy finds itself fighting for relevance 49 years after Operation Trishul

The Navy's share of the defence Budget has declined from 18 per cent in 2012 to approximately 13 per cent, says Admiral Karambir Singh.

Covid policy response: Rural spending skyrockets, defence bears the brunt

Free provision of food, cash transfers, and jobs in villages see enhanced flow of funds despite a precipitous fall in revenue

Defence budget may be slashed by 40%, may save Centre Rs 80,000 crore

Addressing an audience of defence analysts in Delhi, the MoD official confirmed reports that the government had ordered the military to limit its first quarter

China hikes defence budget to $179 bn; nearly three times that of India

China, which has the world's largest military of two million troops, will continue to lower its defence budget growth rate to 6.6% in 2020

Top headlines: RBI slashes repo rate, KKR picks up stake in Jio, and more

Business Standard brings the top headlines of the day

India's defence cost: High on personnel and low on modernisation

The most recent Indian budgetary figures put India's defence expenditure for FY20 at $59.7 bn which is less than SIPRI's estimates and actually puts India at 5th, behind both Russia and Saudi Arabia.

India jumps to third rank in global military expenditure, shows study

Spending grows 6.8% to $71.1 billion in 2019, outpacing Russia and Saudi Arabia

Finance Commission panel to examine separate funding mechanism for defence

The five-member group, to be headed by Finance Commission Chairman N K Singh, comprise secretaries from the ministries of defence, home affairs and finance, besides a member of Commission

Best of BS Opinion: Defence Budget, employment spending, and more

Why stock markets fell on the Budget and is there reason in reducing spending on creating jobs, explain our Opinion pieces today.

Defence spending in austere times

The unusually low 5 per cent increase in allocation in the Budget calls for unorthodox solutions to fund the military

Budget 2020: In a first, defence gets more for pension, less for salaries

Army planners are increasingly worried about this drain on funds that could otherwise go towards equipment modernisation

Budget 2020: In a marginal hike, defence budget raised to Rs 3.37 trillion

The total outlay does not include Rs 1.33 lakh crore set aside separately for payment of pensions

Navy's share in defence allocation drops to 13%; Admiral Singh concerned

Referring to the Navy's modernisation plan, Admiral Singh said it was a fact that the budget for the force has declined from 18% in 2012-13 to 13% in 2018-19

Shekhar Gupta: Our 'joota hai Japani' defence

The past 20 years, under three PMs, have shown us the defence Budget is not about to go higher than its ballpark of 1.5 per cent of GDP, besides pensions