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Share your ideas for Implementation of Budget Initiatives for the Defence Sector

Start Date :
Feb 22, 2021
Last Date :
Mar 31, 2021
23:45 PM IST (GMT +5.30 Hrs)
Submission Closed

Recently, the Hon’ble Prime Minister Shri Narendra Modi addressed the webinar on effective implementation of the Union Budget provisions in the defence sector. During his ...

Recently, the Hon’ble Prime Minister Shri Narendra Modi addressed the webinar on effective implementation of the Union Budget provisions in the defence sector. During his address, the Prime Minister said that the webinar was of great significance as it focused on the important issue of making the country’s defence sector self-reliant.

The Prime Minister said that the defence corridors that are being built in the country today would also help local entrepreneurs and local manufacturing. That is, today, self-sufficiency in our defence sector has to be seen as the empowerment of these two fronts – “Jawan as well as Youth”.

The key announcements in the Union Budget related to Defence Sector are as follows and we seek ideas and suggestions from the public and other stakeholders on the same:
• Budgeted expenditure for capital outlay in defence increased by approx. 19%, highest in 15 years
• Disinvestment aimed in the sector to increase opportunities for private players
• Reduction in customs duty rates to nil for import of parts by public sector units (under Ministry of Defence) for manufacturing of aircrafts and parts

Last date of submission is 31st March 2021

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Showing 1199 Submission(s)
VIKAS SABANT
VIKAS SABANT 5 years 4 months ago
जहां हमारे वीर जवान ट्रेनिंग लेते हैं, वहां हम कुछ ऐसा लिखा हुआ देखते हैं कि 'शांतिकाल में बहाया पसीना, युद्ध काल में रक्त बहने से बचाता है।' इसका अर्थ है शांति की पूर्व शर्त वीरता है। वीरता की पूर्व शर्त है सामर्थ्य और सामर्थ्य की पूर्व शर्त है पहले से की गई तैयारी। बाकी सब इसके बाद आता है।
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VIKAS SABANT
VIKAS SABANT 5 years 4 months ago
Budgeting and financial management in defence reflect the budgeting procedures and practices used in the public sector. Hence, the analysis of enablers of corruption in defence, related to financial management, may start with an analysis of the implementation of key principles of sound budgeting in the public sector, presented in Box 6.1. Although the mandate of the World Bank does not cover security and defence, these principles equally apply to budgeting and financial management
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VIKAS SABANT
VIKAS SABANT 5 years 4 months ago
Defence budgeting is the process of allocating financial resources to defence activities. It is a comprehensive process encompassing budget planning, execution, reporting and auditing. Transparent defence budgeting and accountable financial management are key to ensuring the integrity of all defence activities and reducing the potential for corruption in defence. Non-transparent financial management in defence combined with the lack of accountability is a powerful enabler of corrupt practices. E
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VIKAS SABANT
VIKAS SABANT 5 years 4 months ago
Highly autonomous security forces that are able to act with impunity in the economic and political spheres are often professionally weak and highly cost-ineffective. Because the armed forces in many African countries absorb the majority of resources allocated to the security sector and tend to have a high degree of political autonomy, there is much interest in development, implementation and monitoring processes for defense budgets.
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VIKAS SABANT
VIKAS SABANT 5 years 4 months ago
defense budgeting different from budgeting for other sectors? What constitutes good practice in defense budgeting? How can inadequate defense budgets be addressed? This paper from a staff member at the Center for International Policy, Washington DC looks at defense budgeting in Africa and suggests that sound fiscal management of the entire security sector is essential if a country is to have effective, efficient and professional security forces.
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Shubhanshu kumar
Shubhanshu kumar 5 years 4 months ago
Sir, Improve in missile system and redar syestem,armed vehicles,Aircraft carrier in defence sector will increase power and glory of Indian army, Navy. Specially if these are manufactured in India.
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RajveerPratapMaurya
RajveerPratapMaurya 5 years 4 months ago
Hello respected sir,sabhi indian hero(army) ko sbse pahle bp transportation system hona chahiye,and bulletproof jacket hona chahiye ,mera manana ye hai ki bullet train se jyada jaruri hamare army bhaiyon k lie bulletproof jacket jaruri hai,and unki salary aur jyada hona chahiye,and Sahid ki patni ko virwadhu k name se jana jana chahiye
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Divyesh Fulwala
Divyesh Fulwala 5 years 4 months ago
jai hind sir. indian army ko all india transportation free milna chahiye. sarkar ki taraf sen unko government house milna chahiye. unke ghar k bachho ka education free hona chahiye. jai hind.
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