India’s Stingy Budget for its Navy is not Consistent with the Country’s Security or Economic Objectives

At a time when the Indian navy is already is on high alert in the face of possible seaborne terror threats from Pakistan, the navy’s share in the recently announced defence budget has been reduced to 13 per cent, from 18 per cent in 2012-13. For a country that aspires to achieve a US$5 trillion economy within five years, this is hard to understand.
While other countries have moved swiftly to delimit maritime boundaries and file claims for extended continental shelves, India has not. India also has to work on its poor delivery of equipment promised to other countries.Read More…