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Defense Budget Analysis - Key Points
Jul 30, 2024
Defense Budget Overview
Key Allocation Figures
Total Defense Budget
: ₹6.21 lakh crore
Represents
12.9%
of the total government budget.
Road Transport & Highways
: ₹2.78 lakh crore allocated (2nd highest).
Global Defense Ranking
India is ranked
4th
globally in defense spending.
China
ranks
2nd
, with spending
3-4 times
greater than India.
Importance of Defense Budget
Understanding impact on military capabilities and allocation of resources.
Budget Allocation Breakdown
1. Capital Outlay: ₹1.72 lakh crore
Major investments likely to be in:
Fighter Jets
: Acquisition of new aircraft like the Rafael and development of indigenous aircraft (e.g., Tejas MK2).
Navy Modernization
: Procurement of destroyers, frigates, submarines, and aircraft carriers (e.g., INS Vikrant).
Ground Forces
: Investment in battle tanks (e.g., Arjun MK1A) and armored vehicles.
Missile Systems
: Advanced systems like BrahMos (supersonic cruise) and Akash (surface-to-air).
Other Advanced Weaponry
: Drones, electronic warfare systems, cyber capabilities, cutting-edge technologies.
2. Revenue Expenditure: ₹4.49 lakh crore
Major expenses include:
Salaries
: Pay for active and retired military personnel (officers, soldiers, support staff).
Maintenance
: Upkeep of existing fleet - aircraft, ships, tanks, etc.
Training
: Regular exercises to maintain combat readiness.
Day-to-Day Operations
: Costs for fuel, ammunition, food, and logistics.
3. Domestic Capital Procurement: ₹1.05 lakh crore
Focus on:
Encouraging
domestic defense manufacturing
(e.g., artillery guns, helicopters).
Promoting
private sector participation
through partnerships.
Collaborating with foreign entities for technology transfers and joint ventures.
Key Focus Areas of the Budget
Modernization
: Upgrading existing arsenal with the latest technology.
Border Infrastructure
: Investment in roads, bridges, and communications to secure borders.
Cyber Security
: Enhancing defenses against digital threats.
Research & Development
: Fostering innovation in areas such as AI, robotics, and hypersonic weapons.
Welfare of Soldiers
: Providing healthcare, housing, and education for military families.
Common Questions Addressed
Will this budget make India a superpower?
Not overnight, but a step towards strengthening defense posture.
Is this budget enough?
Debatable – some see it as insufficient given security challenges, while others find it reasonable.
Impact on Average Citizens?
A stronger military translates to greater security, with potential job creation from domestic manufacturing.
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