Owing to complexities of the Defence Procurement Procedure and paucity of funds, the list of assets required by the IAF to replace those approaching obsolescence, has only been growing.
PRESENTATION OF THE NATIONAL BUDGET FOR THE FINANCIAL year 2018-19 by the Minister of Finance, Arun Jaitley, on February 1 this year, has certainly generated a wave of concern across the board in the Indian armed forces. This adverse sentiment has been triggered by the quantum of funds allotted for defence, something that has been regarded by the leadership of all the three services as highly inadequate. The Indian armed forces were given the opportunity to present their perspective on the level of budgetary allocation for defence to the Parliamentary Standing Committee on Defence, headed by Major General B.C. Khanduri (Retd), Member of Parliament from the BJP. To present the concerns of the Indian armed forces were the Vice Chiefs of the three services.
In an extremely frank and forthright manner, Lt General Sarath Chand, Vice Chief of the Army Staff, apprised the Parliamentary Standing Committee on Defence that “the allocation for defence in the budget for the year 2018-19 was in fact, a setback for the Indian Army as the quantum of funds sanctioned by the government under the head for procurement of new weapon systems, was not sufficient even to pay for ongoing projects and barely left anything for new procurements”. He went on to state that the budgetary allocation for the Indian Army had dashed hopes of the service for making any tangible or meaningful progress in the drive towards modernisation.
Diese Geschichte stammt aus der April 2018-Ausgabe von SP’s Aviation.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der April 2018-Ausgabe von SP’s Aviation.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
SUSTAINABILITY-A BIG MILESTONE
A steely-eyed focus on sustainability is fundamentally altering the way the airline industry operates. But the pace of progress in both SAF and engine enhancement must be greatly accelerated to make net zero a reality
A GROWING & EXPANDING SECTOR
While the space sector is on an upward trajectory with the Indian Space Policy, FDI liberalisation and the recent authorisation guidelines, the success of these initiatives hinges on a clear legal and regulatory framework to support the industry.
AUGMENTING THE HELICOPTER FLEET
From Ukraine's frontlines to India's skies, a journey through Helicopter warfare and future strategies
C-390 MILLENNIUM EXPANDING FOOTPRINTS
This versatile and cost-effective medium-sized Military Transport Aircraft is making inroads into new markets across borders
CYBER LAWS AND REGULATIONS IN INDIA-MILITARY CHALLENGES
The recent attacks on Indian institutions, including the military establishment, call for comprehensive cyber policies which back the many dimensions of national security. In a new scathing report on coordinated cyberattacks on India, researchers have uncovered a new espionage campaign targeting Indian government agencies. What is needed?
THE FUTURE OF AERIAL COMBAT
The battle skies of tomorrow will be shaped and decided by pioneering technologies in aerial warfare
PAKISTAN ORBITING BACK INTO SPACE EXPLORATION
In a first, Pakistan's satellite, iCUBE-Q, was launched on May 3, 2024 to orbit the moon as part of China's Chang'e-6 lunar mission
IAI LAUNCHES AEROSPACE SERVICES INDIA
Israel Aerospace Industries IAI) reiterates its 3-decades’ long commitment with the launch of AeroSpace Services India ASI) in New Delhi
REDEFINING COMFORT IN BUSINESS JETS
Leading Bizjet manufacturers are transforming business travel with the use of cutting-edge technologies to deliver the ultimate travel experience Top of Form
AÉROSPATIALE/BAC CONCORDE: RACING THE SUN
Concorde was the only commercial plane that could race the sun. If it departed London at 10 am local time, it reached New York before 10 am local time.