sardar1987
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I think if you look at India's mid to long term economic growth rates there is little issue wrt impending deals and their affordability- no issues whatsoever. By the end of this decade India should see a return to 7-8% economic growth and a return to double digit year-year percentage increases as India has witnessed in the past 5 years.
I don't know how anyone can be questioning the IAF's procurements at this point- things look just fine.
Looking foreward to the AH-64E and CH-47F deals being signed this fiscal.
By 2020-22 India should be spending $150-200BN a year on defence.
Yours numbers are plain wrong(mann ja yaar)
1)last year there was actually shrinkage of defence budget if u adjust it with inflation thats why mmrca was put off as govt dosen't want to spend........the contract negotiation is bullshit story,u don't need 2 years for that
2)growth forecast for this year is 4.8 % and ask anyone it will remain same for atleast 2-3 years
3)procurement will be delayed.........look as pakfa,we have already read reports that russia has jacked up prices and the development contract of 5.5 billion won't be signed this year.Actually russia is moving ahead of program but india is not sparing any money as they are going to induct their version in 2016 only
4)double digit increase in defence budget is a dream now when one kg of onion costs like 60-80 rupees and govt is bound to Not increase it
5)What i am saying is totally correct as we still haven't signed the mmrca and we are 2 years late already
6)china right now has a defence budget of 150+ billion so u are saying we will start spending like china in 6-7 years??
veere india di waj gayi aa es time