{"id":224963,"date":"2023-02-03T20:19:37","date_gmt":"2023-02-03T14:49:37","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=224963"},"modified":"2023-02-20T14:37:34","modified_gmt":"2023-02-20T09:07:34","slug":"decluttering-the-defence-budget","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/decluttering-the-defence-budget\/","title":{"rendered":"Decluttering the defence budget"},"content":{"rendered":"\n

Source<\/strong>: The post is based on an article\u00a0\u201cDecluttering the defence budget<\/strong>\u201d published in Business Standard<\/strong> on\u00a03rd<\/sup> February 2023<\/strong>.<\/p>\n

Syllabus: GS 3 \u2013 Government Budgeting<\/strong><\/p>\n

Relevance: <\/strong>Budget 2023-24 for the defence <\/strong><\/p>\n

News<\/strong>: The article discusses the shortcomings of the Budget 2023-24 in the defence sector.<\/p>\n

What are the shortcomings with the budget in the defence sector?<\/strong><\/h2>\n

Decline in budgetary outlay:<\/strong> The defence budget, including pensions to veterans, has for the first time fallen to below two percent of the GDP<\/strong>.<\/p>\n

The defence budget showed a rise of 13 percent over the previous year\u2019s budget.\u00a0However, this rise in the defence budget is only 1.5 percent when compared to the revised estimates for the last year.<\/strong><\/p>\n

Moreover, capital outlay for modernisation and infrastructure development increased to 57 per cent since 2019-20.\u00a0However, compared to last year\u2019s capital budget allocations, this year\u2019s capex allocation represents a raise of barely 6 percent.<\/strong><\/p>\n

This is inadequate because of prevailing macro-fiscal environment of high inflation and a falling rupee.<\/p>\n

Moreover, the defence capital allocations form a part of the capital investment<\/strong> outlay in the Union Budget.<\/p>\n

While the capital investment outlay has risen for the third year in a row by 33 percent, the rise in defence capital allocations is not upto the mark.<\/p>\n

Inadequate distribution of the budget amongst the three services:<\/strong> The distribution of the capex fund amongst the three services (Airforce, Army, Navy) is not uniform<\/strong>.\u00a0The allocations would have been made on the basis of roles assigned to each service by National Security Strategy (NSS).<\/strong><\/p>\n

NSS objectives would have made budget allocations more effective<\/strong> because that would determine the kind of warships, equipment, tanks, missiles, etc. needed for the three services.<\/p>\n

However, the current budget has allocated non-uniform fund to the three services without keeping in mind these objectives.<\/p>\n

Inadequate allocation of the budget to other organization of the defence<\/strong>: The budget allocations for the coast guard, the Jammu & Kashmir Light Infantry and for the Border Roads Organisation is not as expected<\/strong>. These organizations form a part of the defence ministry budget.<\/p>\n

Therefore, the budget allocations would have been made according to their role and functions.\u00a0However, this has not been done.<\/p>\n

Hence, it would be better to allow those organizations to have their own demand for grant or to consolidate their allocations<\/strong> along with the consolidation of Defence R&D Organisation budget.<\/p>\n","protected":false},"excerpt":{"rendered":"

Source: The post is based on an article\u00a0\u201cDecluttering the defence budget\u201d published in Business Standard on\u00a03rd February 2023. Syllabus: GS 3 \u2013 Government Budgeting Relevance: Budget 2023-24 for the defence News: The article discusses the shortcomings of the Budget 2023-24 in the defence sector. What are the shortcomings with the budget in the defence sector?… Continue reading Decluttering the defence budget<\/span><\/a><\/p>\n","protected":false},"author":10320,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[10503,216],"class_list":["post-224963","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-business-standard","tag-gs-paper-3","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704899428},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/224963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10320"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=224963"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/224963\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=224963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=224963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=224963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}