India spending $3 billion additionally till March to beat China aggression in Ladakh

[FOOLS_NIGHTMARE]

Facing a challenge in Ladakh from China since May last, India will arm its defence forces be spending an additional $3 billion (Rs 21,000 crore) this fiscal ending Mar. 2021 to boost capabilities and plug gaps in weapons and military equipment.

For the same reason, and to meet the two-front threat posed by China and Pakistan, India today committed to a Rs 135,061 crore ($18.5 billion) on military modernisation (capital expenditure) to buy new weapons, platforms and equipment in the 2021-22 fiscal.

However, no details or break-up of the capital expenditure on the three armed forces — army, navy and air force — on new aircraft or warships or for dockyard infrastructure — were part of the defence budget documents.

But it can be easily estimated that India will be spending money on buying 83 locally-made ‘Tejas’ Light Combat Aircraft from state-run Hindustan Aeronautics Limited, and also spend money on the S-400 air defence missiles being bought from Russia, apart from paying for committed liabilities towards purchases made in previous years.

In all, Rs 478,196 crore ($65.55 billion) was allocated for the Ministry of Defence, including to meet the pension bill of Rs 115,850 crore ($15.9 billion) in the financial year from Apr. 2021 to Mar. 2022.

India’s Minister of Finance Nirmala Sitharaman, who had held the defence portfolio in Prime Minister Narendra Modi‘s first tenure, presented this annual estimates for 2021-22 in the Lok Sabha or the House of the People, the lower house in the bicameral parliamentary system.

The revenue expenditure (recurring expenses such as maintenance and fuel) has been pegged at Rs 232,047 crore ($31.8 billion) for the next fiscal. The pension-related expenditure has come down from this year’s revised estimates of Rs 125,000 crore ($17 billion), as the government had paid up arrears of the revised pensions, the defence ministry clarified later in the day.

Without taking into account the pension expenses, the defence budget for 2021-22 stood at Rs 347,088 crore ($47.4 billion). India had made a defence budgetary estimates of Rs 323,053 crore ($45.2 billion) for its armed forces till March 2021, during the budget announcement on Feb. 1, 2020. It was revised to Rs 343,822 crore ($47 billion) last month, an additional outlay of Rs 20,769 crore.

For the second consecutive year, Sitharaman failed to mention the budget allocations, as part of her budget speech, which had been a custom in the previous years. India’s military leadership has time and again acknowledged that the nation faces two threat from China and Pakistan, and the possibility of the two enemies colluding to wage a two-front war. All three nations in the neighbourhood are nuclear-armed.

Updated: India spending $3 billion additionally till March to beat China aggression in Ladakh

Facing a challenge in Ladakh from China since May last, India today allocated Rs 478,196 crore ($65.55 billion) for defence preparedness in the fiscal from April 2021 to March 2022, in a bid to strengthen the capabilities of the armed forces to tackle the challenges along the borders in the north.

defence.capital

 

[Yasser76]

Going by this budget you can now pretty much forget any additional Rafale order or any major purchase for the next year at least

 

[Black.Mamba]

Seems like China's Lingchi (凌遲) is working well, giving India death by 1000 cuts.

 

[Cheepek]

Going by this budget you can now pretty much forget any additional Rafale order or any major purchase for the next year at least

Why?

 

[Yasser76]

Why?

Allocations not broke, down, increase of only 1.45 over last year and as per the above article much of the capital budget covering Tejas and S-400. Another 36 Rafales would cost $4 Billion - $5 Billion. Where is that money?

Lets not also forget much of the current budget will have to cover additional spending for LAC ops.

 

[Mighty Lion]

Allocations not broke, down, increase of only 1.45 over last year and as per the above article much of the capital budget covering Tejas and S-400. Another 36 Rafales would cost $4 Billion - $5 Billion. Where is that money?

Lets not also forget much of the current budget will have to cover additional spending for LAC ops.

This is false.
Capital budget has been increased by almost 19% compared to previous year's budget (biggest increase in 17 yrs). Remember that all purchases of new military equipment and weapons are made from entirely this capital budget only.
Total allocation have not changed a lot as Defence pension funding have been reduced by a huge amount

Sources are below

https://twitter.com/x/status/1356158522249990145

https://twitter.com/x/status/1356446269632245760

 

[PradoTLC]

View attachment 712584


Facing a challenge in Ladakh from China since May last, India will arm its defence forces be spending an additional $3 billion (Rs 21,000 crore) this fiscal ending Mar. 2021 to boost capabilities and plug gaps in weapons and military equipment.

For the same reason, and to meet the two-front threat posed by China and Pakistan, India today committed to a Rs 135,061 crore ($18.5 billion) on military modernisation (capital expenditure) to buy new weapons, platforms and equipment in the 2021-22 fiscal.

However, no details or break-up of the capital expenditure on the three armed forces — army, navy and air force — on new aircraft or warships or for dockyard infrastructure — were part of the defence budget documents.

But it can be easily estimated that India will be spending money on buying 83 locally-made ‘Tejas’ Light Combat Aircraft from state-run Hindustan Aeronautics Limited, and also spend money on the S-400 air defence missiles being bought from Russia, apart from paying for committed liabilities towards purchases made in previous years.

In all, Rs 478,196 crore ($65.55 billion) was allocated for the Ministry of Defence, including to meet the pension bill of Rs 115,850 crore ($15.9 billion) in the financial year from Apr. 2021 to Mar. 2022.

India’s Minister of Finance Nirmala Sitharaman, who had held the defence portfolio in Prime Minister Narendra Modi‘s first tenure, presented this annual estimates for 2021-22 in the Lok Sabha or the House of the People, the lower house in the bicameral parliamentary system.

The revenue expenditure (recurring expenses such as maintenance and fuel) has been pegged at Rs 232,047 crore ($31.8 billion) for the next fiscal. The pension-related expenditure has come down from this year’s revised estimates of Rs 125,000 crore ($17 billion), as the government had paid up arrears of the revised pensions, the defence ministry clarified later in the day.

Without taking into account the pension expenses, the defence budget for 2021-22 stood at Rs 347,088 crore ($47.4 billion). India had made a defence budgetary estimates of Rs 323,053 crore ($45.2 billion) for its armed forces till March 2021, during the budget announcement on Feb. 1, 2020. It was revised to Rs 343,822 crore ($47 billion) last month, an additional outlay of Rs 20,769 crore.

For the second consecutive year, Sitharaman failed to mention the budget allocations, as part of her budget speech, which had been a custom in the previous years. India’s military leadership has time and again acknowledged that the nation faces two threat from China and Pakistan, and the possibility of the two enemies colluding to wage a two-front war. All three nations in the neighbourhood are nuclear-armed.

Updated: India spending $3 billion additionally till March to beat China aggression in Ladakh

Facing a challenge in Ladakh from China since May last, India today allocated Rs 478,196 crore ($65.55 billion) for defence preparedness in the fiscal from April 2021 to March 2022, in a bid to strengthen the capabilities of the armed forces to tackle the challenges along the borders in the north.

defence.capital

$3B that is a lot of toilet seats that could have been bought..

 

[rambro]

Disorganized and panic...
India lost before the hot war starts...

 

[Cheepek]

Allocations not broke, down, increase of only 1.45 over last year and as per the above article much of the capital budget covering Tejas and S-400. Another 36 Rafales would cost $4 Billion - $5 Billion. Where is that money?

Lets not also forget much of the current budget will have to cover additional spending for LAC ops.

 

[Leishangthem]

reducing pension to prop up military? such kind of crap only India can do.

 

[Yasser76]

This is false.
Capital budget has been increased by almost 19% compared to previous year's budget (biggest increase in 17 yrs). Remember that all purchases of new military equipment and weapons are made from entirely this capital budget only.
Total allocation have not changed a lot as Defence pension funding have been reduced by a huge amount

Sources are below

https://twitter.com/x/status/1356158522249990145

https://twitter.com/x/status/1356446269632245760

Taking into account inflation the increase is tiny. You know this but are posting deliberatly misleading stuff to hide it. Also increasing retirement age of frontline troops is a false economy

Lies are getting easier to debunk now

Despite China border confrontation, defence allocations remain flat, air force gets the largest capital boost



Defence allocations from 2017-18

(In rupees crore)​

	2017-18 (Actual)​	2018-19 (Actual)​	2019-20 (Actual)​	2020-21 (RE)​	2021-22 (BE)​
Revenue allocation	192273​	202070​	221510​	222726​	224635​
	​	​	​	​	​
Capital allocation	95431​	99611​	113675​	137010​	137711​
	​	​	​	​	​
Pension allocation	92000​	101775​	117810​	125000​	115850​
	​	​	​	​	​
Total Defence Budget	379704​	403456​	452995​	484736​	478196​
	​	​	​	​	​
Total central govt spending	2141973​	2315113​	2686330​	3450305​	3483236​
	​	​	​	​	​
Defence as percentage of govt spending	17.7%​	17.4%​	16.9%​	14%​	13.7%​
	​	​	​	​	​
Gross Domestic Product	16784679​	18722302​	20339100​	19481975​	22287379​
	​	​	​	​	​
Defence as % of GDP	2.23%​	2.16%​	2.2%​	2.4%​	2.15%​

(Source: compiled from budget documents)​

The revised estimates for 2020-21 indicate the military has spent Rs 4,84,736 crore (4.84 trillion) this year, a significantly higher amount than what was allocated in February 2020.



The reason for this is learnt to be the emergency procurement of arms and ammunition that was triggered by the Chinese intrusions into Ladakh last April. Against Rs 118,534 crore (1.18 trillion) allocated for capital spending in the current year, the government has spent Rs 137,010 crore (1.37 trillion) – almost Rs 20,000 crore extra.



Much of the money for the extra capital spending was found by squeezing the pension budget. Of the Rs 133,825 crore (1.33 trillion) allocated for defence pensions, the government spent only Rs 125,000 crore (1.25 trillion). For the coming year, the government has slashed defence pension allocations by another Rs 9,000 crore.



Defence experts, many of whom have lamented the large share of the defence budget consumed by pensions, say the reduction is being made possible by the plan to increase the retirement age of soldiers, sailors and airmen. This has been proposed by the Chief of Defence Staff, General Bipin Rawat.



The expenditure of the current years capital budget is biased heavily in favour of the Indian Air Force (IAF), which has spent Rs 55,084 crore, compared to the Navy’s Rs 40,043 crore and the army’s Rs 33,283 crore.



The army has the smallest share of the capital budget, even though it is facing the brunt of the Chinese intrusions in Ladakh and has undertaken a challenging winter deployment in the 15,000-foot-plus heights there.



The capital budget allocations for the coming year, 2021-22 are similarly skewed, with the IAF allocated Rs 53,215 crore, the navy Rs 35,904 crore and the army getting Rs 36,532 crore.



This underlines the IAF’s continuing burden of payments for the Rafale fighters it bought in 2016, modernization of the Mirage 2000 fighter fleet and the manufacture of additional Sukhoi-30MKIs and Tejas fighters by Hindustan Aeronautics Ltd (HAL). There is also a large expenditure looming on a tender for 114 multi-role fighters, for which the IAF has initiated a global procurement.



To the military’s credit, it has mobilised a large number of troops and equipment to the Ladakh frontier without seriously overshooting its revenue budget, from which payments for such a deployment is made.



Against the revenue budget allocation of Rs 219,020 crore (Rs 2.19 trillion) for the current year, the military has spent Rs 222,726 (Rs 2.2 trillion) on conducting its operations countrywide, including in Ladakh.

Despite China border confrontation, defence allocations remain flat, air force gets the largest capital boost

www.ajaishukla.com

 

[xuxu1457]

In 2019, China's fiscal expenditure was $3.66 trillion and military expenditure was $185 BILLION，5% Defence as percentage of govt spending
Education spent $520 billion, more than India's entire budget.

 

[GS Zhou]

Education spent $520 billion, more than India's entire budget.

Good to know that China's education budget alone is 1.5x of India's entire budget!

 

[arjunk]

This is false.
Capital budget has been increased by almost 19% compared to previous year's budget (biggest increase in 17 yrs). Remember that all purchases of new military equipment and weapons are made from entirely this capital budget only.
Total allocation have not changed a lot as Defence pension funding have been reduced by a huge amount

Sources are below

https://twitter.com/x/status/1356158522249990145

https://twitter.com/x/status/1356446269632245760

Zainab market SSG uniform

 

[xuxu1457]

how big is India's entire government budget?

India's total government budget is $500 billion.