Indian Army reduces ammunition purchases as cost-saving measure

[ashok321]

Indian Army reduces ammunition purchases as cost-saving measure


Faced with a severe financial crunch the Indian Army (IA) has shortlisted assorted ammunition and spares that will be affected by cost-cutting measures, despite existing stocks falling short of the approved levels required for 10 days of ‘intense war fighting’.

Official sources said at the bi-annual Army Commanders’ Conference in New Delhi that concluded on 22 April that the IA has opted to either not acquire or only procure “limited quantities” of “expensive munition” such as that used by the Konkurs man-portable anti-tank guided weapon (ATGW) system and the BM 9A52 Smerch multiple rocket launcher.

Influence mines and 125 mm armour-piercing fin-stabilised discarding sabot (APFSDS) munition for T-72M1 and T-90S tanks are also included in this list.

Want to read more? For analysis on this article and access to all our insight content, please enquire about our subscription options at　ihs.com/contact

 

[ashok321]

Faced with a severe financial crunch the Indian Army (IA) has shortlisted assorted ammunition and spares that will be affected by cost-cutting measures, despite existing stocks falling short of the approved levels required for 10 days of ‘intense war fighting’.

Told ya so!

India has a shoestring budget which is five times smaller than Japan.
And out of that budget 25% goes for debt servicing.
Defense budget, the chunk of money goes for salaries & pensions.

Precarious India has no money to fight 2 front wars.
Modi is only fooling people.

 

[Goenitz]

25% goes

in numbers?

 

[Chinese-Dragon]

Hmm I thought the Indian members claimed that "money is not a problem".

Yet they abandoned the Rafale order because of no money. And now they don't even have the money to buy ammunition.

The problem with many of the Indian members here, is that they don't understand you can't spend GDP. What a country has to spend comes from the Government budget.

That's why defence spending as a percentage of GDP is a misleading figure, the more relevant figure is defence spending as a percentage of the Government budget, since that is what is available for spending.

Also, India runs a large trade deficit and budget deficit every year. The difference needs to be covered by borrowing money from overseas, or selling domestic assets to overseas buyers. According to basic economic theory this is unsustainable in the long run, since you can't keep borrowing and selling off domestic assets forever to cover the long term trade deficit.

 

[ashok321]

in numbers?

Yes 25% of budget is dedicated to service the debt.

India's debt to GDP ratio is 70.2

They owe nearly 1.65 trillion.
515 billion is an external loan.
India's CAD is in minus, so is its trade imbalance which runs to 160 billions.

 

[rambro]

wars can be won with sticks and stones

 

[ashok321]

wars can be won with sticks and stones

Against 2 nuclear nations namely; China & India.

Modians here think India can swallow both the nations in 10 minutes.
Lol