Parliamentary panel raps govt for inadequate allocation of funds

Parliamentary panel raps govt for inadequate allocation of funds

Courtesy : PTI27/07/2018 16:47

 A Parliamentry panel on Wednesday came down hard on the Modirnment for inadequate allocation of funds for the armed forces in the defence budget, saying the country cannot afford complacency in dealing with security challenges, particularly when there was a possibility of a two-front war.

In its report to Lok Sabha, the committee on estimates also referred to allocation of 1.56 per cent of the GDP to the three services in the defence budget, noting that it was lowest since India and China fought a war in 1962.

 "In the current geo-political scenario, a country of the size of India cannot afford complacency when it is a question of defence preparedness," the committee headed by former Union minister and senior BJP MP MM Joshi said.The latest report came nearly four months after the Parliamentary Standing Committee on Defence had slammed the government for insufficient allocation of funds to the Army, Navi and the Air Force

The report also talked about the need for the country's preparedness for a potential two-front war with Pakistan and China while strengthening India's influence in the Indian Ocean.

The committee criticised the government's "abysmally low" capital expenditure as a percentage of total defence services allocation. The capital expenditure accounts for procurement of weapons, military platforms and equipment.

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