Indian State's defence Budget Allocation
The allocation for defence is being raised by 10 percent from Rs.96,000 crore (Rs.960 billion) to Rs. One lakh five thousand six hundred crore (Rs.1,056 billion),' Chidambaram said while presenting the budget in the Lok Sabha Friday. The allocation is still below 2.5 percent of the GDP, even as successive parliamentary committees have recommended this be raised to at least three percent if the armed forces are to rapidly modernise...... The reason this is happening is that there is more allocation to other departments like health, etc and the beauratic hurdles in modernising the military........ "India's military expenses at $26.18 billion (Rs 105,600 crores) were less than half of China's expenditure in absolute terms" ...How they are going to protect our country ?
Still I see chinese citing India as threat and hiked spending to nearabout 17.6% compared to 10% by India.... Chinese have developed a massive infrastucture near the Indian borders.....And what was the response of India ...
- lowering of defense budget (%age of GDP). 2.1% in 2008-09 against 2.17% in 2007-08.....
- Allocating funds for Arunachal that for the southern parts....Reason, chinese may use the same infrastucture for their adavance ment
- Inability to spend the allocated budget, which is already low.
See the extimations in the table.
The only Thing I wanna say is to the politician to wake-up ....and remove this those bauracratic hurdle....and Modernise the Indian military into a might Military capable of protect our territorial integrity and at the same time punching the countries out who might even dare to do it.
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