MoD joins parl panel in slamming FinMin for defence funding shortfall

In 2014, the army got just 45% of the capital expenditure it demanded

Ajai Shukla  |  New Delhi 

After years of criticism from Parliament’s Standing Committee on Defence (hereafter “the Committee”) for defence funding shortfalls, and for surrendering thousands of crores of unspent money each year, the defence ministry (MoD) has squarely blamed the ministry of finance (MoF). A series of reports tabled by the Committee on Thursday paints a worrying picture of a government that, year after year, forces the army, navy and air force to make do with one-third to half less then the money the services requested at the time the budget was being framed. As ...

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MoD joins parl panel in slamming FinMin for defence funding shortfall

In 2014, the army got just 45% of the capital expenditure it demanded

In 2014, the army got just 45% of the capital expenditure it demanded After years of criticism from Parliament’s Standing Committee on Defence (hereafter “the Committee”) for defence funding shortfalls, and for surrendering thousands of crores of unspent money each year, the defence ministry (MoD) has squarely blamed the ministry of finance (MoF). A series of reports tabled by the Committee on Thursday paints a worrying picture of a government that, year after year, forces the army, navy and air force to make do with one-third to half less then the money the services requested at the time the budget was being framed. As ... image
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