SPECIAL REPORT - Indian Defence Budget 2016-17: A Curtain Raiser
- Defence budget cannot be stretched beyond a point, which means Defence Minister Manohar Parrikar has a tough choice for resources deployment.
- Reducing revenue expenses and more spending for capital purchases pose the biggest challenge for Indian MoD
- National defence budget is all about ‘revenue’ side of armed forces and their ‘capital’ requirements. But, is India spending adequately on defence R&D?
- National Defence Budget must be reasonably used to get maximum value for the state and its preparedness.