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REVENUE EXPENDITURE OF ARMY
Defence ministry doubles financial powers of field commandersDefence ministry has doubled financial powers for field commanders. This move aims for faster procurement and efficient operations. Army co...- Rajnath approves over 2-fold increase in financial ceiling for field commanders to boost operational efficiencyDefence Minister Rajnath Singh has approved a significant increase in financial powers for field commanders, more than doubling them to Rs ...
- Defence Budget of India 2023: India’s defence sector gets Rs 5.94 lakh crore for 2023-24According to 2023-24 budget documents, an allocation of Rs 2,70,120 crore has been made for revenue expenditure that includes expenses on p...
- Budget 2023-24: Where is the govt spending more, and why?Finance Minister Nirmala Sitharaman has pegged the total expenditure in Budget 2023-24 at Rs 45,03,097 crore, up from Rs 41,87,232 crore of...
- Defence Budget 2021: With challenges on two fronts, all eyes on Defence BudgetIn 2020, the defence ministry was allocated Rs 4.71 lakh crore but a significant part of this (Rs 1.3 lakh crore) went to just pensions. Th...
- Forces need Rs 80,000 crore more for modernisation this yearThe cash-strapped forces contend they do not even have enough for 'committed liabilities' i.e. instalments for arms deals.
- Amid fund crunch, army wants ECHS under defence pension budgetThe government made funding of the medical scheme for retired personnel as part of the army’s revenue budget from this fiscal year.
- Army may trim 27,000 from non-core unitsIn a move which could help save Rs 1,600 crore, the Army might reduce its manpower by around 27,000 soldiers deployed in ‘non-core activiti...
- China spends four times more than India on defence: SIPRI"The five biggest spenders in 2018 were the US ($649 billion), China ($250 billion), Saudi Arabia ($67.6 billion), India ($66.5 billion) an...
- Government approves mega reform in Indian Army: SourcesThe reforms are aimed at making the army force leaner & meaner as well as to enhance its combat capabilities.
- Army sets in motion its mega reform plan, to implement it with sense of urgencyThe Army plans to launch the major transformative exercise by early next year after fine-tuning the four studies, headed by senior lieutena...
- Top Army commanders kick off discussions to transform their force into a lean, mean fighting machineGrappling with a ballooning revenue expenditure that leaves little for modernisation, the Army plans to launch the massive transformative e...
- India spends more on military officials than US, UK, says IDSAEven Pakistan which spends 42% of its total defence expenditure on personnel has been spending 26% on operations and maintenance, a higher ...
- How pay, pensions and sloth eat up India's defence fundsDefence auditor has repeatedly found that revenue component of budget accounts for wasteful expenditure due to outdated processes, lackadai...
- Private sector has capacity & will to deliver: Army Chief General Dalbir SinghGen Singh said a liberalised FDI regime will “accrue several benefits including a boost in defence research and a reduced dependence on imp...
- Armed forces not reeling under shortage of funds: Nirmala SitharamanI want to dispel the myth that funds which have been given are lesser than before. Beginning 2004 to today, particularly on expenditure, it...
- India's armed forces got Rs 1.21 lakh crore less than what they demanded in budgetSources said the Army was struggling to make emergency procurements when China and Pakistan were modernizing their defence forces in "full ...
- Leaner, meaner, integrated forces needed as purse strings tightened70-80% of the capital outlay every year goes for “committed liabilities or installments” for deals inked earlier, leaving very little for n...
- Defence forces see Rs 13,000 crore cut in capital outlay"There is no impact on any modernisation process with this. Moreover, it is only for period up to the next budget and was done last year to...
- Capital expenditure limit for defence forces raised to Rs 13,434.8 croreThe government has raised the capital expenditure limit for the defence forces by Rs 13,434.82 crore in the next financial year.
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