Expectation from Union Budget 2019- Increase in Defence Budget


Replacement of ageing and obsolete defence equipment is part of modernisation of Armed Forces which is a continuous process based on threat perception, operational challenges, technological changes and available resources.  The process is based on a 15 year Long Term Integrated Perspective Plan (LTIPP), five year Service Capital Acquisition Plan (SCAP) and Annual Acquisition Plan (AAP).

Government attaches high priority to ensuring that the Armed Forces are adequately equipped and operationally prepared to deal the entire spectrum of security challenges facing the country.  In this context, there is a constant endeavour to modernize the Armed Forces through acquisition of contemporary systems, development of new technologies and upgrading of conventional equipment.

Allocated budget is optimally utilised to avoid gap between the need and the availability of funds. There has been consistent increase in total Capital Budget of Ministry of Defence.  The details of Capital Budget (BE) for the last three years and current year are as under:


Year

Capital Budget (BE)

(Rs. in crore)

2016-17

90,209.63

2017-18

91,579.70

2018-19

99,563.86

2019-20 (interim)

1,08,248.80


This information was given by Raksha Rajya Mantri Shri Shripad Naik in a written reply to Shri Jayadev Galla in Lok Sabha today.


Posted :
on 27 June 2019
 
Published in Union Budget
Source : ,
Views : 532



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