India's defence expenditure: a trend analysis/ Laxman Kumar Behera and Pabitra Mohan Nayak
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TextPublication details: 2021Subject(s): Online resources:
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Strategic Analysis Vol 45, No. 5, September-October 2021, pp. 395-410 (26A)Summary: 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.
| Item type | Current library | Call number | Copy number | Status | Date due | Barcode | |
|---|---|---|---|---|---|---|---|
| Journal Article | Mindef Library & Info Centre Journals | INDIA (Browse shelf(Opens below)) | 1 | Not for loan | 66844.1001 |
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, COVID-19, MILITARY, POLITICS, ECONOMICS
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