India raises defence budget by 7.9% to over Rs4 trillion

[Gessler]

Pakistan was caught lying to the IMF about GDP growth rate! Caught lying!!

God help them and their defence budget!

 

[Sine Nomine]

No,Trolling only serious feedback Indian Government knows better what to do but here is your opinion..
Defense
India announced on Saturday a modest 7.9 percent increase in defence spending for the fiscal year starting April 1, suggesting that it will move only gradually with the military's long wish list for fighter jets, ships and artillery.

After years of neglect, India is trying to narrow the military gap with China, which has been building up its fleet of ships and submarines making forays in the Indian Ocean.

Finance Minister Arun Jaitley, unveiling the federal budget for 2015/16, said defence spending will rise to 2.47 trillion Indian rupees ($40.07 billion). For the current fiscal year, the allocation was 2.29 trillion rupees, a jump of 12 percent over the previous year.

"Defence of every inch of our land is above everything else," Jaitley said.

But the limited rise in the military budget - three-quarters of which is spent on maintaining the world's third largest standing force - means only some new weapons will be ordered this year.

Gurmeet Kanwal, a retired brigadier and fellow at the Vivekananda International Foundation, a New Delhi think tank with ties to the government, said the state has to make initial downpayments for a range of pending orders.

He listed them as 126 fighter aircraft from Dassault, 197 light helicopters, 145 Ultra-light Howitzers, 15 Apache attack helicopters and 22 CH-47F Chinook medium lift helicopters.

The navy needs new submarines and stealth ships to counter the Chinese presence in the Indian Ocean, which New Delhi has long seen as its sphere of influence.

China is expected to authorise robust 2015 defence spending this coming week despite its slowing economy, largely to beef up the navy with anti-submarine ships and develop more aircraft carriers beyond the sole vessel in operation.

Last year, the two giant neighbours were locked in a stand-off on their disputed Himalayan border that cast a shadow on President Xi Jinping's first summit meeting with Indian Prime Minister Narendra Modi.

But economic ties have rapidly expanded between the two countries and Modi is expected to visit China later in 2015.





@Horus @syedali73 @nair @levina @SpArK @Blue_Eyes @SarthakGanguly @cirr @janon @AMCA @ashok mourya @Soulspeek @SAMEET @Bang Galore lore @sree45

 

[NKVD]

No,Trolling only serious feedback Indian Government knows better what to do but here is your opinion..
Defense
India announced on Saturday a modest 7.9 percent increase in defence spending for the fiscal year starting April 1, suggesting that it will move only gradually with the military's long wish list for fighter jets, ships and artillery.

After years of neglect, India is trying to narrow the military gap with China, which has been building up its fleet of ships and submarines making forays in the Indian Ocean.

Finance Minister Arun Jaitley, unveiling the federal budget for 2015/16, said defence spending will rise to 2.47 trillion Indian rupees ($40.07 billion). For the current fiscal year, the allocation was 2.29 trillion rupees, a jump of 12 percent over the previous year.

"Defence of every inch of our land is above everything else," Jaitley said.

But the limited rise in the military budget - three-quarters of which is spent on maintaining the world's third largest standing force - means only some new weapons will be ordered this year.

Gurmeet Kanwal, a retired brigadier and fellow at the Vivekananda International Foundation, a New Delhi think tank with ties to the government, said the state has to make initial downpayments for a range of pending orders.

He listed them as 126 fighter aircraft from Dassault, 197 light helicopters, 145 Ultra-light Howitzers, 15 Apache attack helicopters and 22 CH-47F Chinook medium lift helicopters.

The navy needs new submarines and stealth ships to counter the Chinese presence in the Indian Ocean, which New Delhi has long seen as its sphere of influence.

China is expected to authorise robust 2015 defence spending this coming week despite its slowing economy, largely to beef up the navy with anti-submarine ships and develop more aircraft carriers beyond the sole vessel in operation.

Last year, the two giant neighbours were locked in a stand-off on their disputed Himalayan border that cast a shadow on President Xi Jinping's first summit meeting with Indian Prime Minister Narendra Modi.

But economic ties have rapidly expanded between the two countries and Modi is expected to visit China later in 2015.




Eduction
The education sector saw over a 2% cut in the outlay announced in the Union Budget on Saturday, even as the government proposed to set up new IITs and IIMs in some states. The slash in the education sector as compared to the revised allocation in 2014-15 is 2.02%.

• 
  Representational Image dna Research & Archives

The education sector saw over a 2% cut in the outlay announced in the Union Budget on Saturday, even as the government proposed to set up new IITs and IIMs in some states. The slash in the education sector as compared to the revised allocation in 2014-15 is 2.02%.

In all, school education and higher education sectors have got Rs 69,074 crore. The revised estimate for 2014-15 was Rs 70,505 crore. The cut is, however, about 16.54% if compared with the actual outlay the 2014-15 fiscal.

Notwithstanding the cut though, HRD Minister Smriti Irani described the Budget as "pragmatic" and said she was "extremely grateful to the allocation of funds for higher learning and also about the thrust on innovation through funding".

While the school education sector has got an outlay of Rs 42,219.50 crore for 2015-16, the higher education sector has got Rs 26,855 crore.

The thrust has been on the higher education sector with the announcement of an IIT in Karnataka and upgradation of Indian School of Mines, Dhanbad into a full-fledged IIT, capping a long standing demand for the people in Jharkhand.

"I propose to set up an IIT in Karnataka, and upgrade Indian School of Mines, Dhanbad into a full-fledged IIT," Finance Minister Arun Jaitley had said in his Budget speech. "IIMs will be setup in Jammu and Kashmir and Andhra Pradesh," he added.

The Minister also announced setting up of Institutes of Science and Education Research in Nagaland and Odisha.

A Centre for Film Production, Animation and Gaming in Arunachal Pradesh and Apprenticeship Training Institute for Women in Haryana and Uttarakhand has also been proposed.
@Horus @syedali73 @nair @levina @SpArK @Blue_Eyes @SarthakGanguly @cirr @janon @AMCA @ashok mourya @Soulspeek @SAMEET @Bang Galore lore @sree45

They spend it more on rural infrastructure projects and housing and social security.

 

[kbd-raaf]

Uh you guys are aware that the recent budget has divested 62% of all revenue to the states. A massive jump from last year? Therefore quite obviously there will be cuts in the central education budget. State education boards will pick up the slack.

Logic clearly is clearly not a strong suit for you people.

 

[Indian Patriot]

Indian defence budget is always 2 percent or less of GDP. This despite the fact we have a politically failed state to the west and a super aggressive bigger state to the east. Both of these states are nuclear armed and hostile to India.

Education wise India is not lacking behind. The number of University graduates coming out of Indian Universities every year vastly outnumber those of North America or Western Europe. IIT, IIMs are still producing the best and more advanced Universities are been inaugurated.

 

[Sine Nomine]

Therefore quite obviously there will be cuts in the central education budget.

Eduction controlled through center is better then individual states..

 

[Indian Patriot]

Eduction controlled through center is better then individual states..

I think Indian policy makers will know the better answer. The results prove them right.

 

[Sine Nomine]

super aggressive bigger state to the east.

Ah aggressive china.its not dude if it was then it would not have done ceasefire in 1962 when Indian Army was running away...

 

[Bornubus]

Education is a subject of both centre and state...and after spending large amount of money on public education its quality is dismal....so we need to improve its quality 1st..so that that teachers won't stich sweaters in primary schools



BTW Indian defense budget is around $48 billion if we add $8 billion(CAPFs) approx
40 + 8= $48 billion

 

[Indian Patriot]

Ah aggressive china.its not dude if it was then it would not have done ceasefire in 1962 when Indian Army was running away...

Your facts are woefully wrong.

1962 was the era of cold war. USA offered help to India to crush communist China. The sight of US fighters landing in India and the very REAL threat of US fighting China to "defeat communism" is what made the Chinese run back. Also Chinese faced logistical problems, those days you cannot drive a truck over the Himalayas nor can Chinese fighters fly so high over the Himalayan mountains to provide air cover to Chinese troops.

 

[nair]

It is wrong to compare in this way...... Education spending is also done by state govt and those expenditures are accounted in state budget...... Where as Defense is sole responsibility of Centre.....

 

[Sine Nomine]

Ok guys we change it now

 

[Blue_Eyes]

I will always admire increasing defense budget
2% decrease in Education budget won't be a matter to worry, govt. Knows better than us, whats better for country

 

[SpArK]

Budget 2015: Focus shifts to higher education Union budget proposes to set aside Rs69,075 crore for education sector in 2015-16


New Delhi: Finance minister Arun Jaitley on Saturday marginally reduced overall allocations towards education but increased the planned higher education budget by nearly 22%, indicating a shift in focus from school to higher education in the national budget presented in Parliament.

Jaitley proposed to set aside Rs.69,074.76 crore for education in 2015-16, as against Rs.70,505 crore in the revised estimate in 2014-15. The revised budget for 2014-15 has reduced the education allocation to Rs.70,505 crore from Rs.82,777 crore as was pegged in the budget estimate.

Of the total outlay for 2015-16, Rs.42,219.5 crore was pegged for the schools sector and Rs.26,855.26 crore for higher education. Allocations to the school sector was cut by around 10% in its planned outlay from Rs.43,517.9 crore in the last budget to Rs.39,038.5 crore in the year that begins on 1 April.

In comparison, higher education has been given a plan allocation of Rs.15,8555.26 crore in 2015-16, as against Rs.13,000 crore pegged in the revised budget for 2014-15. In other words, the higher education sector saw an increase of nearly 22%.


“It seems the central government wants to focus more on higher education and try to target 30 million near-productive population in higher educational institutes,” said Narayanan Ramaswamy, partner and head education practice at consulting firm KPMG. “These people, unless attended to well, may shift their base out of India and impact the economy.”

There is a growing focus on higher education after the new government swept to power in May last year, according to Pramath Sinha, an educationist and founding dean of Indian School of Business in Hyderabad and dean of Ashoka University, since all the big-ticket announcements are largely in this space.

“The announcement of new top schools like IIMs and IITs indicate that they are looking at higher education in a big way.”

Keeping the government’s focus on higher education, the finance minister announced more institutes of excellence— including two Indian Institutes of Management (IIMs) and two Indian Institutes of Technology (IITs).



While one IIT will come up in Karnataka, the second one will be created by upgrading the Indian School of Mines (ISM), Dhanbad to an IIT. ISM has been admitting students along with the IITs through the prestigious joint entrance exam system. The school has been demanding an IIT status more so after Institute of Technology at Benaras Hindu University (BHU) was upgraded to an IIT a few years back.

“ISM upgradation will have two benefits— Jharkhand will get an IIT, and second instead of developing an IIT from scratch, this upgradation will need less resources both in terms of finance and human capital,” said a human resource development ministry official, who declined to be named.


The two proposed IIMs will come up in Jammu and Kashmir and Andhra Pradesh. The announcement for an IIM in Andhra Pradesh is not new as the government had promised to provide it an IIM, after the division of the state.

The state government has already finalized land for its establishment. In the last budget, Jaitley had announced five new IIMs and five new IITs. Last July, Jaitley had proposed to set up IITs in Jammu and Kashmir, Chhattisgarh, Goa, Andhra Pradesh and Kerala, and IIMs in Himachal Pradesh, Punjab, Bihar, Odisha and Maharashtra. Once all of them are operational, India will have 20 IIMs and 23 IITs. On specific allocations, IITs have been allocated a planned outlay of Rs.1,835 crore, less than the Rs.2,320 crore outlay in the previous budget estimate.


Separately, the government has allocated Rs.1,000 crore more to set up new IITs and new IIMs.

Some of them will start operations this year.

Keeping its promise to help Andhra Pradesh get quality higher education institutes, the budget has pegged an outlay of Rs.205 crore for the state—of which an IIT, an IIM, an NIT (National Institute of Technology), and a IISER (Indian Institute of Science Education and Research) will be allocated Rs.40 crore each. An IIIT in the state will get Rs.45 crore. Besides, the finance minister said he intends to address education sector concerns and bring about better education loan facilities for higher education.

Jaitley said his government will ensure that no student misses out on higher education due to lack of funds. “The setting up of additional central education institutes such IITs, AIIMS, IIMs combined with financial aid under the Pradhan Mantri Vidya Lakshmi Karyakram will not only benefit the young population of the country, which wants better education, but will also benefit India Inc. as the quality of our work force will improve significantly with such measures,” said Ravi Mahajan, a partner with consulting firm EY India..


The budget also outlined government plans to establish a senior secondary school within 5km reach of every child. “The government has to focus on quality enhancement.





Read more at: http://www.livemint.com/Politics/W2Z3Ebwx8ZcVavXZx1yN8I/Union-Budget-2015-cut-of-over-165-for-education-sector.html?utm_source=copy

 

[Gessler]

Eduction controlled through center is better then individual states..

Contrary is true. Center would help states with small revenues, bigger states can
easily take care of themselves and can implement the policies better than Center can,
much less hassle.