Modernization of Armed Forces
Budget allocation for modernization of armed forces under the Revised Estimates has been fully used during the last three years. Details for the same including for the current year are as follows:-
Note:- Actual expenditure for 2014-15 is upto February, 2015.
Utilization of Defence budget is monitored by means of the financial compilation prepared by Controller General of Defence Accounts (CGDA) which captures the details of defence expenditure incurred all over the country. The progress of expenditure is reviewed periodically at various levels in the Ministry and Service Headquarters to identify any areas where expenditure may be lagging. This helps to identify and resolve any problems in implementation of planned activities.
The desired capability defines the equipment to be procured. Towards this end, a number of proposals for increasing the combat capacity and mobility of Infantry are listed in the Long Term Integrated Perspective Plan.
The expenditure being incurred on modernisation is as an outcome of implementation of the Long Term Integrated Perspective Plan (LTIPP), which is sub-divided into five-year Services Capital Acquisition Plans (SCAP), which in turn form the basis of the Annual Acquisition Plans.
This information was given by Defence Minister Shri Manohar Parrikar in a written reply to Shri Ram Kumar Sharma and others in Lok Sabha today.
Ministry of Defence
13-March, 2015
Budget allocation for modernization of armed forces under the Revised Estimates has been fully used during the last three years. Details for the same including for the current year are as follows:-
(` in crore)
|
Year
|
BE
|
RE
|
Actual Expenditure
|
%age utilization w.r.t. RE
|
| 2011-12 |
56510.49
|
53292.30
|
56281.88
|
105.61
|
| 2012-13 |
66032.24
|
57395.46
|
58768.86
|
102.39
|
| 2013-14 |
73444.59
|
66406.41
|
66850.30
|
100.67
|
| 2014-15 |
75148.03
|
66151.73
|
56776.47
|
85.83
|
Utilization of Defence budget is monitored by means of the financial compilation prepared by Controller General of Defence Accounts (CGDA) which captures the details of defence expenditure incurred all over the country. The progress of expenditure is reviewed periodically at various levels in the Ministry and Service Headquarters to identify any areas where expenditure may be lagging. This helps to identify and resolve any problems in implementation of planned activities.
The desired capability defines the equipment to be procured. Towards this end, a number of proposals for increasing the combat capacity and mobility of Infantry are listed in the Long Term Integrated Perspective Plan.
The expenditure being incurred on modernisation is as an outcome of implementation of the Long Term Integrated Perspective Plan (LTIPP), which is sub-divided into five-year Services Capital Acquisition Plans (SCAP), which in turn form the basis of the Annual Acquisition Plans.
This information was given by Defence Minister Shri Manohar Parrikar in a written reply to Shri Ram Kumar Sharma and others in Lok Sabha today.
DM/NAMPI/HH/RAJ
PIB
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