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India is fifth largest military spender with outlay of $55.9 bn: SIPRI

Discussion in 'Indian Defence Industry' started by lca-fan, Apr 25, 2017.

  1. lca-fan

    lca-fan Major SENIOR MEMBER

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    India is fifth largest military spender with outlay of $55.9 bn: SIPRI
    WORLD Updated: Apr 24, 2017 16:32 IST[​IMG]

    • Follow
      [​IMG]SIPRI @SIPRIorg

      The 15 largest spenders on military account for $1,360 billion, or 81%, of total global military spending. #SIPRIFacts #Milex#Arms

      2:00 PM - 24 Apr 2017

      Russia hiked its spending by 5.9% to $69.2 billion, making it the third largest spender. Saudi Arabia was the third largest spender in 2015 but dropped to fourth position in 2016 as its spending fell by 30% to $63.7 billion despite its involvement in regional conflicts.

      Total global military expenditure in 2016 rose by 0.4% over 2015 in real terms, according to the new figures from SIPRI.

      In February, India hiked its allocation for defence in 2017-18 by 6% to Rs 2.74 lakh crore, including Rs 86,488 crore for modernisation. However, experts said the modest increase could hurt the military’s modernisation plans, crucial to keeping up with China’s expanding might.

      India’s military spending has averaged an annual increase of 10% during the past three years, much to the disappointment of the military that is struggling to scale up its capabilities.

      The armed forces are currently negotiating several big-ticket deals for Rafale fighter jets, Apache, Chinook and Kamov helicopters and the M-777 lightweight howitzers.


      The SIPRI report also said military spending in North America saw its first annual increase since 2010, while spending in Western Europe grew for the second consecutive year.

      Global military expenditure rose for a second consecutive year to a total of $1686 billion, marking the first consecutive annual increase since 2011, when spending reached a peak of $1,699 billion.

      View image on Twitter
      [​IMG]

      Follow
      [​IMG]SIPRI @SIPRIorg

      World military expenditure totalled $1,686 billion (2.2% of global GDP) in 2016: http://bit.ly/2oSSh99 . #SIPRIFacts #Milex #Arms.

      12:00 PM - 24 Apr 2017

      The report said spending continued to grow in Asia and Oceania, Central and Eastern Europe and North Africa. By contrast, spending fell in Central America and the Caribbean, the Middle East, South America and sub-Saharan Africa.

      “The growth in US military expenditure in 2016 may signal the end of a trend of decreases in spending, which resulted from the economic crisis and the withdrawal of US troops from Afghanistan and Iraq,” the report said.

      US spending last year remained 20% lower than its peak in 2010. “Despite continuing legal restraints on the overall US budget, increases in military spending were agreed upon by Congress,” said Aude Fleurant, director of the SIPRI Arms and Military Expenditure (AMEX) programme.

      Military expenditure in Western Europe rose by 2.6% in 2016 and experts said this was linked to growing threat perceptions. There were spending increases in all but three countries in the region. Italy recorded the highest increase, with spending rising by 11%.

      “The growth in spending by many countries in Central Europe can be partly attributed to the perception of Russia posing a greater threat,” said Siemon Wezeman, senior researcher with the SIPRI AMEX programme.

      View image on Twitter
      [​IMG]
      In Asia and Oceania, military spending rose by 4.6% in 2016. Spending levels are related to the many tensions in region. #Milex

      There were also large falls in military spending by many oil-exporting countries. “Falling oil revenue and associated economic problems attached to the oil-price shock has forced many oil-exporting countries to reduce military spending,” said Nan Tian, a researcher with SIPRI. “For example, between 2015 and 2016, Saudi Arabia had the biggest absolute decrease in spending of $25.8 billion.”
      http://www.hindustantimes.com/world...-9-bn-sipri/story-bOH1JVFUcnOxKH3XTdncSM.html
     
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  2. Hellfire

    Hellfire Devil's Advocate Staff Member MODERATOR

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    The 6 % will hardly cover the costs of implementation of 7th CPC, which is yet to be implemented.
     
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  3. NKVD

    NKVD 2nd Lieutant FULL MEMBER

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    Not to mention that also the pathetic user of funds
     
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  4. layman

    layman Aurignacian STAR MEMBER

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    There should a kind of DARPA style quasi govt/pvt entity to spin of the funds to R&D for future technological advancements.
     
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  5. Hellfire

    Hellfire Devil's Advocate Staff Member MODERATOR

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    The issue remains the bureaucratic system of functioning with little to non-existent performance appraisal based on actual performance as opposed to sycophancy and mutual corrupted work culture and ethics.

    This is what I allude to at times, when I say that the Defence PSUs need to be taken to a greater task and DRDO should be put on a burner: either they deliver or the funding for that project be cut off in a time bound manner.
     
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  6. Averageamerican

    Averageamerican Colonel ELITE MEMBER

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    If you divide the total manpower, reserves and all into India Military Budget you get about 12000 per soldier, if you do the same with US budget you get about 240,000 per soldier.
     
  7. Averageamerican

    Averageamerican Colonel ELITE MEMBER

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    Times




    • All military farms to shut shop by 2017
      Rajat Pandit
      All military farms across the country, part and parcel of cantonment life for over a century, will be shut down by 2017.
      | TNN | Apr 22, 2013, 12.36 AM IST
      NEW DELHI: Army officers and jawans will soon have to kiss their milk, butter and paneer from fauji cows a final goodbye. All military farms across the country, part and parcel of cantonment life for over a century, will be shut down by 2017.

      The Army HQ has decided to close down its 39 military farms, which house around 23,600 cattle with an annual production of over 335 lakh kg of milk, in two phases. While 29 farms will shut shop between 2013 and 2015, the remaining 10 will follow suit by 2017.

      The decision was taken because it was felt the military farms, first conceived in 1889 to ensure reliable supply of pure dairy produce for soldiers and fodder for their animals, were no longer needed due to the widespread availability of milk and milk products in the civilian market.

      "Cantonments were earlier largely isolated from towns and cities. But with rapid urban growth, most cantonments are now located within population clusters. Moreover, after the green and white revolutions, there is no dearth of milk and milk products from civilian sources now. Military farms have lost their relevance," said a senior officer.
      Recommended By Colombia

      The operation of military farms, which rear livestock, vegetables, fodder and fertilizers under an annual Rs 374 crore budget, has also been marred by major corruption cases and some officers being court-martialled in recent years.




      Approving the closure of military farms after a 2012 study carried out by the QMG (quarter-master general) Branch, Army chief General Bikram Singh directed that "accountability" of the land involved must "be ensured" during the winding up process. The defence establishment, among the country's largest landowners with 17.3 lakh acres under its control, has after all been rocked by a series of land scams, ranging from Adarsh and Sukna to Malad and Srinagar, over the last few years.





     

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