Defense Ministry demands Additional funds

New Delhi Aug 9: A request has been made recently.
The Ministry of Defence has recently sought an additional Rs 20,000 crore from the Centre. Sources say that additional requested by MOD to meet its capital and revenue budget needs.

The demand made for additional money assume significance amidst the standoff between Indian and Chinese troops in Doklam in Bhutan.
Currently, the borders with Pakistan are also in tension because of the recent infiltrations of the terrorists.

* In budget 2017, The Government had allocated
Rs 2,74,113 crore.
* The funds allocated is Approximately 1.62 per cent
of the Gross Domestic Product GDP.
* The annual allocation for defense in 2017 was just 6
per cent more than the previous years.

Defense Ministry has said that "Of the initial annual allocation about 50 per cent of Capital and more than one-third of the Revenue budget has already been spent".

Recently CAG has pointed out that Indian defense supplies for war preparation are in shortage and must take adequate steps to increase the preparedness.

Let's hope that government allocates the funds so that Indian defense is well equipped.