Coming Soon
It's been a while, but as they say, better late than never. We finally made some time to redesign our blog and soon we will have our own independent website. The blog helped us reach a huge audience and generate a lot of interest in this area. As a result, the format and (utility) of the blog seems overwhelmed, hence the transittion to the dedicated site. The URL for the new site and content will be disclosed soon. Till then, enjoy the blog and continue to contribute to our posts.
 
 
Indian Defence Ministry To Seek More Acquisition Funds
Despite the new government’s announcement of an 18 percent increase in India’s defense spending for the budget year ending March 31, 2005, defense planners are asking the Defence Ministry to release more funds for defense acquisitions this year.

Since most of the acquisition funds allocated are earmarked for deals entered into by the former National Democratic Alliance government, which lost power in April’s general elections, a Defence Ministry official said, the ministry will ask the Finance Ministry to make available at least $1.5 billion to finance new defense purchases.

The latest report of the Indian parliament’s Standing Committee on Defense, tabled in parliament Aug. 20, said that despite the higher allocation for defense, the Defence Ministry would have to seek additional funds.

Defense spending for the April 2004-March 2005 budget year is set for $16.79 billion, up from $14.15 billion for the preceding year.

Funds allocated for the current budget year will pay part of the bills for purchases such as the $1.5 billion retired Russian aircraft carrier Admiral Gorshkov; acquisition of 16 MiG-29K aircraft for the carrier; $1.1 billion for Israeli Phalcon radar mounted on three Russian Il-76 airborne early warning aircraft; about $1.7 billion for 66 BAE SYSTEMS Hawk advanced jet trainers; and the $600 million purchase of four Embraer Legacy executive jets for the prime minister and president.

A senior Defence Ministry official said Aug. 23 that additional funds will be needed for new acquisitions, including 280 155mm self-propelled guns, Smerch multi-barrel rocket launchers from Russia, unmanned aerial vehicles from Israel, fifth-generation missiles and radar from overseas companies, and finalization of the $2 billion Scorpene submarine deal with France.



Posted by Jehangir Unwalla @ 4:36 PM

 

 
The global defense industry is constantly shaping how borders are protected, wars are fought, terrorists are tracked and caught, and global security maintained. We aim to track news, policy, military exercises and strategic affairs between the world's largest democracies - India and the United States.

Given the vast interest and passion we have in this field, we decided to launch this blog to give visitors the ability to track these developments, exchange ideas and link to other sources of Information. Our primary sources and links can be found on the main page. Some of the pieces published herein our ours, otherwise it is reproduced from other sources (news, think-tanks or publications) to provide our readers the ability to interact and respond. The link to the original source can always be found under the article. Articles and op-ed pieces written by us include thoughts and opinions that are ours, not those of any government or political party. Last but not least, this blog is not-for-profit, nor is it financially supported by any corporation, entity or organization. It is purely to be used for informational purposes and not commercial and/or profit motives.

Thank you, Nik Khanna & Jango Unwalla

 
Search
About The Blog
This blog focuses on current issues concerning defense and national security for the world's largest democracy - India. It is updated regularly providing readers with in-depth information on technology transfer, acquisitions, counter-terrorism, security and military collaboration and strategic dialogue between India and the United States. The site includes links to top defense policy & research institutes, think-tanks, military sites and research organizations.
Cooperative Cope Thunder
Nikhil and Jehangir wrote an exhaustive article about the Cooperative Cope Thunder joint event. Their article was publihed in Vayu magazine. Click on the link below to read the in-depth article with amazing pictures courtesy of mark Farmer at topcover.com
Guard members are ordinary people doing extraordinary things.
If you're looking for a way to serve your community and country while maintaining your full-time civilian career, the National Guard is for you. Click below to learn more about the proud history of the Army National Guard.
Archives
Links
 
Copyright © USIndiadefense, 2006.
All Rights Reserved