{"id":32889,"date":"2018-10-29T17:22:18","date_gmt":"2018-10-29T11:52:18","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=32889"},"modified":"2018-10-29T17:22:18","modified_gmt":"2018-10-29T11:52:18","slug":"skewed-outlay-for-defence-panel","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/skewed-outlay-for-defence-panel\/","title":{"rendered":"Skewed outlay for defence: panel\u00a0"},"content":{"rendered":"<p><strong><a href=\"http:\/\/www.thehindu.com\/news\/national\/skewed-outlay-for-defence-panel\/article22277443.ece\">Skewed outlay for defence: panel<\/a>\u00a0<\/strong><\/p>\n<p><strong>Context<\/strong><\/p>\n<p>Expressing concern over the decreasing share of capital allocation in the defence budget compared with the revenue component, adversely the Parliamentary Standing Committee on Defence said the Defence Ministry should overhaul its planning and budgeting mechanism to ensure \u201ca prudent and equitable distribution of funds to revenue and capital heads\u201d.<\/p>\n<p><strong>MPs\u2019 committee says falling capital allocation will affect modernisation<\/strong><\/p>\n<p>\u201cBoth components are equally important aspects of the budget; however, the committee members are deeply anguished to note that with each year, the ratio of revenue-to-capital outlay is skewed as the budget for capital acquisitions for the services is declining in comparison to revenue allocations, adversely affecting the modernisation process of our forces,\u201d the panel said in its observations.<\/p>\n<p><strong>Based on a report<\/strong><\/p>\n<p>These observations were part of the report presented in Parliament last week for \u201caction taken by the government on the observations\/recommendations contained in the 31st report\u201d.<\/p>\n<p><strong>Ministry\u2019s reply<\/strong><\/p>\n<p>To the committee\u2019s recommendation in the earlier report, the Ministry replied that while revenue outlay expenditure follows a pattern due to its inherent characteristics, capital outlay fluctuates depending on milestone payments and new accruals, which may not necessarily increase every year.<\/p>\n<p><strong>Revenue Component<\/strong><\/p>\n<p>The revenue component caters to salary, other recurring expenses, requirement of stores, transportation, revenue works and maintenance and others, while the capital component is for procurement of weapons and systems.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Skewed outlay for defence: panel\u00a0 Context Expressing concern over the decreasing share of capital allocation in the defence budget compared with the revenue component, adversely the Parliamentary Standing Committee on Defence said the Defence Ministry should overhaul its planning and budgeting mechanism to ensure \u201ca prudent and equitable distribution of funds to revenue and capital&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/skewed-outlay-for-defence-panel\/\">Continue reading <span class=\"screen-reader-text\">Skewed outlay for defence: panel\u00a0<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-32889","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704778184},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/32889","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\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=32889"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/32889\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=32889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=32889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=32889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}