HomeAatmanirbhar BharatDefence Research Budget: Defence research budget insufficient to make India global power:...

Defence Research Budget: Defence research budget insufficient to make India global power: Parliamentary panel

msid 106162915,imgsize

New Delhi: The current allocation in the Union budget is insufficient for India’s aspirations to be a global leader, a parliamentary panel has observed, recommending that the budget should be doubled over the coming years.

In a report on the functioning of Defence Research and Development Organisation (DRDO), the parliamentary standing committee on defence has said that the current allocation of 5.38% of the budget for research needs to be increased to 8-10%.

“Drawing a comparative analysis of the budgetary spending on R&D in India with that of developed countries, the committee takes note that with the current percentage of funding, our country can only aspire to become atmanirbhar and protect ourselves. However, to have aspirations to become a global leader, this percentage will not be sufficient,” the committee has noted.

It has also expressed reservations about the existing state of affairs regarding the utilisation of funds for R&D activities in DRDO, without dwelling into details.

The committee has also noted that the research and development percentage was at 6.59% in 2010-11 and 6.6% in 2014 -15 but has been progressively reduced to 5.38% in the current budget. It also observed that 25% of the budget (around ₹1300 crore) is now earmarked for the private sector, leaving an even smaller amount for DRDO to allocate to its projects. “The committee observes that R&D is a prerequisite for a robust modern defence mechanism and the government has to take care of funds for in-house projects of DRDO along with outsourcing defence R&D,” the report reads.

It concludes that the budgetary grants of DRDO “should be suitably enhanced so that India could become a global leader in the field of armament and new tech weapon systems and DRDO also be able to make first-of-its-kind products,” adding that India will soon become a major exporter of arms and ammunition.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Aatmanirbhar Bharat

All

Explosive growth: How defence sector became a darling of investors

Motilal Oswal Nifty India Defence Index Fund has set a new record. It collected Rs 1,676 crore during the New Fund Offer (NFO) period...

Production Linked Incentive scheme for drones to kickstart industry, not permanent subsidy: Piyush Goyal

The Production-Linked Incentive (PLI) Scheme for drones and drone components is a kickstarter for the sector to progress and should not be considered as...

AMCA 5th Generation Stealth Fighter Updates

AMCA to be integrated with sophisticated indigenous Distributed Aperture System (DAS) that making it a formidable air asset for the Indian Air Force

Source : IgMp Bureau India’s Advanced Medium Combat Aircraft (AMCA) is on the brink of a revolutionary transformation with the integration of a sophisticated Distributed...

AMCA to incorporate the best features of both 5th and 6th Generation fighters: ADA sources

Source : IgMp Bureau India's strides toward indigenous air dominance receive a substantial boost with the green signal for the Advanced Medium Combat Aircraft (AMCA)...

Most Popular

Recent Comments

Archive Months

Miscellanous

How India Dispels The Myth of Inaccessibility of The Himalayas With Construction of Solid Infra near China border

Source : Indian Defense News How India Dispels The Myth of Inaccessibility of The Himalayas With Construction of Solid Infra near China border From building the...

US can upset Chinese blockade strategy of Taiwan: US Navy commander

Source : Asian News International (ANI)Representative ImageWashington: Admiral Samuel Paparo, commander of the US Pacific Fleet said that the US could upset Chinese designs of...

India supports Philippines: China asks India to respect its claim over South China Sea after Jaishankar backs Philippines’ sovereignty

China on Tuesday urged India to respect its sovereignty claims and maritime interests over the disputed South China Sea where it is currently locked...

UP and Haryana to get MQ-9B SkyGuardian Bases in India

Efforts are in full swing to expedite the Rs 32,000 crore Predator-B deal for the acquisition of 31 armed drones, with the Navy leading...
Visits
error: Content is protected !!