India's defence expenditure: a trend analysis/
BEHERA Laxman Kumar
India's defence expenditure: a trend analysis/ Laxman Kumar Behera and Pabitra Mohan Nayak - 2021
This article examines India's defence expenditure over the past ten years. In so doing, it provides a public finance perspective to explain the recurring resource crunch being faced by the Ministry of Defence (MoD). The article reasons that a substantial augmentation of resources for the MoD in the past has faced stiff barriers due to lack of tax buoyancy and also the political, economic and other exigencies that have led to greater public spending outside the traditional areas of expenses, including defence. It argues that the MoD needs to re-balance its expenditure, especially in areas pertaining to manpower.
INDIA--PAKISTAN--CHINA--MINISTRY OF DEFENCE--MOD--DEFENCE EXPENDITURE--DEFENCE SERVICES ESTIMATES--DSE--DEFENCE BUDGET--ARMED FORCES' RESOURCE--DECADAL ANALYSIS--PUBLIC FINANCE--COVID-19
India's defence expenditure: a trend analysis/ Laxman Kumar Behera and Pabitra Mohan Nayak - 2021
This article examines India's defence expenditure over the past ten years. In so doing, it provides a public finance perspective to explain the recurring resource crunch being faced by the Ministry of Defence (MoD). The article reasons that a substantial augmentation of resources for the MoD in the past has faced stiff barriers due to lack of tax buoyancy and also the political, economic and other exigencies that have led to greater public spending outside the traditional areas of expenses, including defence. It argues that the MoD needs to re-balance its expenditure, especially in areas pertaining to manpower.
INDIA--PAKISTAN--CHINA--MINISTRY OF DEFENCE--MOD--DEFENCE EXPENDITURE--DEFENCE SERVICES ESTIMATES--DSE--DEFENCE BUDGET--ARMED FORCES' RESOURCE--DECADAL ANALYSIS--PUBLIC FINANCE--COVID-19