Indian Defence Budget: More – the question is when?
The eternal debate is about the wasteful expenditure nations make on defence. Expenditure that could have better used for improve the quality of life of the citizens. Countries like India on a developmental path, need to focus first on building core capacities to improve the HDI or Per Capita scores . This is reflected by steady decline in percentage terms on Defence allocation, though absolute numbers have kept increasing , reaping benefits of a growing economy. However, last few years have brought threat of a war closer to home. This needs closer attention by the strategic planners. In the overall security matrix, India must maintain overwhelming superiority over Pakistan to ensure credible deterrence. Only then can we begin to approach the level of capability needed to dissuade or match China. It is evident that much remains to be done—and India must commit to a decade-long mission to achieve this strategic objective. Past few months have confirmed two realities; one we ...