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Parliamentary Committee on Estimates calls for Defence Capital Budget to Match LTIPP

The Committee recommends  allocation of adequate financial resources for capital procurement of the armed forces to fulfil the requirements projected in the LTIPP. The 29th Report of the Committee of the 16th Lok Sabha  on Estimates presented a Report to the parliament on 25 July 2018covering Department of Defence Production Preparedness of Armed Forces Defence Production and Procurement. The Committee recalled the sayings of the wise Indian ancient sage Kautilya in the preamble while emphasiing the importance of defence preparedness  thus,  "Any discussion whether it is academic economic, literary or spiritual - can only take place if you are well protected by your armed forces. A country can have economic and cultural prosperity only if it is secure”. The Report highlights a number of deficiencies in the resourcing and deficits in the armed forces which need to be overcome and has made key recommendations.................... [599 Words].

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