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Indias Defence Economy: Planning, Budgeting, Industry and Procurement,New
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As the fourth largest military spender in the world, India has a huge defence economy supported by a budget amounting to nearly $67 billion in 202021. This book examines how well Indias defence economy is managed, through a detailed statistical exposition of five key themes defence planning, expenditure, arms production, procurement and offsets.This book is based on hardcore evidence collected from multiple government and other credible sources including the ministries of Defence, Finance, and Commerce and Industry, Comptroller and Auditor General of India and the Reserve Bank of India. It discusses key issues such as the evolution of Indias defence plan; the feasibility of increasing defence spending; Indias defence acquisition system; and the recent reform measures taken under the rubric of the Make in India initiative.Well supplemented with original tables and figures, Indias Defence Economy will be indispensable to students and researchers of defence and security studies, politics and international relations, finance, development studies, economics, strategic studies, South Asian politics, foreign policy and peace studies. It will also be of interest to defence ministry officials, senior armed forces personnel, military attachs, defence training institutes and strategic think tanks.
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