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Share your ideas for Implementation of Budget Initiatives for the Defence Sector

Start Date :
Feb 22, 2021
Last Date :
Mar 31, 2021
23:45 PM IST (GMT +5.30 Hrs)
Submission Closed

Recently, the Hon’ble Prime Minister Shri Narendra Modi addressed the webinar on effective implementation of the Union Budget provisions in the defence sector. During his ...

Recently, the Hon’ble Prime Minister Shri Narendra Modi addressed the webinar on effective implementation of the Union Budget provisions in the defence sector. During his address, the Prime Minister said that the webinar was of great significance as it focused on the important issue of making the country’s defence sector self-reliant.

The Prime Minister said that the defence corridors that are being built in the country today would also help local entrepreneurs and local manufacturing. That is, today, self-sufficiency in our defence sector has to be seen as the empowerment of these two fronts – “Jawan as well as Youth”.

The key announcements in the Union Budget related to Defence Sector are as follows and we seek ideas and suggestions from the public and other stakeholders on the same:
• Budgeted expenditure for capital outlay in defence increased by approx. 19%, highest in 15 years
• Disinvestment aimed in the sector to increase opportunities for private players
• Reduction in customs duty rates to nil for import of parts by public sector units (under Ministry of Defence) for manufacturing of aircrafts and parts

Last date of submission is 31st March 2021

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Showing 1199 Submission(s)
Gaytri B Kabra
Gaytri B Kabra 5 years 2 months ago
The government's policies to encourage domestic manufacturing and export of defence equipment under Prime Minister Narendra Modi's flagship scheme Make in India in Defence. It has already resulted in substantial growth of defence export from the country as it jumped by 700% in just two years, from $213 million in FY 2016–17 to $1.5 billion in FY 2018–19.[25] Encouraged by this, the government set a target of achieving defence export worth ₹35,000 crore ($4.87 billion) in next four years.[49]
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Gaytri B Kabra
Gaytri B Kabra 5 years 2 months ago
The Modi government in its first year cleared 39 capital procurement proposals, of which 32 proposals worth ₹88,900 crore (US$12 billion) (or 96% of value of total proposals) were categorized as Buy (Indian) and Buy and Make (Indian)—the top two prioritized domestic industry-centric procurement categories as per the defence procurement procedure (DPP).[48
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Gaytri B Kabra
Gaytri B Kabra 5 years 2 months ago
Compared to other branches of military, the Indian Army consumes 50% of defence budget, is least technology intensive and slowest to adopt the indigenisation of equipment, has multi-year long procurement cycle, and pre-purchase field trials last for several years sometimes without resulting in any procurement, for example soldier's hand held GPS enabled indigenous "Sathi" PDA "Beta Project" was abandoned midway and soldiers still do not have a PDA.[18] To expedite the development cycle of new te
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Gaytri B Kabra
Gaytri B Kabra 5 years 2 months ago
India has been pushing for greater indigenisation of military hardware as India imports around 70% (by value) of its high-tech defence hardware such as aircraft, ships, submarines, missiles etc. mainly from Russia, Japan, Israel and Unit
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Gaytri B Kabra
Gaytri B Kabra 5 years 2 months ago
The Indian Army accounts for more than half of the total defence budget of India, with most of expenditure going to the maintenance of cantonments, salaries and pensions, instead of critical arms and ammunition.[14][15] As of 2019, there is 25% shortfall in the military's budget demand versus the actually budget allocation by the government.[10] There are suggestion to use the military's land bank to generate more funds to bridge this gap for the modernisation of military with the latest equipme
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Gaytri B Kabra
Gaytri B Kabra 5 years 2 months ago
Service/ department-wise allocation as a percentage of total defence estimates in 2017–18: Army: 55.9% Air Force: 22.5% Navy: 14.6% DRDO: 5.7% DGOF: 0.8% DGQA: 0.5%
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Gaytri B Kabra
Gaytri B Kabra 5 years 2 months ago
Its defence expenditure for the 2017–18 fiscal year, based on allotments by its Ministry of Finance was 86,488 crores for Defence capital and 2,96,000 crores for defence pensions.[
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Gaytri B Kabra
Gaytri B Kabra 5 years 2 months ago
The military budget of India is about 1.49% for year 2018–19 of the total GDP.[12] However, it spends nearly an equal amount in importing arms from other countries.
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Gaytri B Kabra
Gaytri B Kabra 5 years 2 months ago
The defence industry of India is a strategically important sector in India. With a strength of over 14.4 lakh (1.44 million) active personnel, it is the world's largest military force. ...
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NANDAN SHERLEKAR
NANDAN SHERLEKAR 5 years 2 months ago
Contd---Aatmanirbhar producing tricky defence goods to fool the system is the cheapest. A radar detects and fires missiles.The more you send airborne dummy's the more missiles are lost by the enemy. Firing rockets to deliver airspace airborne mines can ruin enemy aircrafts. The think tank can give more cheaper solutions for the most sophisticated equipments. Wars are not desirable for mankind but spending more is also not desirable which can feed millions .
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