Defence Budget Numbers don’t matter in a way. India has spent Rs 20,776 crore in unbudgeted, emergency purchase requirements.
The Digital copy of the Indian Defence Budget just got released. MoD has been allocated ₹4,78,195.62 crore. Excluding pensions, that’s ₹3.62 lakh crore, up a negligible 7.4% from last year’s ₹3.37 lakh crore. Many netizens are yet to be sure about their view on this year’s defense budget 2021. This article is to explain why these numbers don’t matter. There are lots more allocations to procure new weapons are taking place.
In this year’s Defence Budget of India, Procurements of advanced Weapon systems and modernization get a major boost. Funding outlay for the modernization and new procurement is up 18% from ₹1,13,734 lakh crore last year to ₹1,35,060 crore for 2021-22.
Check full details here below
https://the ifenewsnetwork.com/indian-defense-budget-2021-details-18-icroressed-in-capital-expenditures/
Since Ladakh standoff began, MoD revealed to have spent ₹20,776 crore in unbudgeted, emergency requirements. That’s the amount that had to be dispersed to conclude a large number of fast-track weapons procurement contracts.
Also an indicator on defence planning in general. So these fast-tracked purchases don’t feature in the defense bill presented to the Parliament. As these are undertaken to meet the emergency requests from the Indian Armed Forces.
