Union Budget for the financial year 2019-20, presented by the Finance Minister in the Parliament today, envisaged a total outlay of Rs. 27,84,200 crore. Out of this Rs. 3,18,931.22 crore has been earmarked for Defence (excluding Defence Pension). For Defence Pension, an amount of Rs. 1,12,079.57 crore has been provided in BE 2019-20. Total Defence Allocation, including Defence Pension, accounts for 15.48% of the total Central Government expenditure for the year 2019-20.
The allocation of Rs. 3,18,931.22 crore represents a growth of 7.93% over Budget Estimates (2,95,511.41 crore) and 6.87% over Revised Estimates (Rs. 2,98,418.72 crore), respectively for the financial year 2018-19.
Out of Rs. 3,18,931.22 crore allocated for the financial year 2019-20, Rs. 2,10,682.42 crore for Revenue (Net) expenditure and Rs. 1,08,248.80 crore for Capital expenditure for the Defence Services and the Organisations/Departments under the Ministry of Defence. The amount of Rs. 1,08,248.80 crore allocated for Capital expenditure, includes modernisation related expenditure. The Capital Allocation of the Ministry of Defence under BE 2019-20 is 32.19% of the total Central Government Capital Expenditure, which is Rs. 3,36,293.00 crore.
Army Dental (AD) Corps celebrated 78thCorps Day here today. Director General Dental Service (DGDS)and Col Comdt AD Corps Lt Gen SM Londhe with officers and men paid homage to the brave soldiers at Amar JawanJyoti, India Gate, New Delhi.
Starting as a dental branch of Indian Medical Services, AD Corps has evolved into a forerunner of professional health care service provider to soldiers, both in peace and at war.DGDS made an endorsement in visitors book & interacted with all ranks present at the occasion.
Later on this day, a Special Sainik Sammelan was organized, where DGDS applauded the exemplary professionalism shown by military dental fraternity and urged them to continue the stride forward to meet higher professional expectations of the Armed Forces.
The Defence Acquisition Council (DAC), in a landmark decision on January 31st , approved indigenous construction of six submarines for the Indian Navy at a cost of over Rs. 40,000 crores. This is the second project under the MoD’s ambitious Strategic Partnership (SP) model that aims at providing a significant fillip to the Government’s ‘Make in India’ programme. SP model envisages indigenous manufacturing of major defence platforms by an Indian Strategic Partner, who will collaborate with foreign OEM to set up production facilities in the country. The model has a long term vision of promoting India as a manufacturing hub for defence equipment through transfer of niche technologies and higher Indigenous Content thereby enhancing self-sufficiency for meeting the future requirements of the Armed Forces.
Today’s DAC approval would be second such project following indigenous production of 111 Naval Utility Helicopters that was approved in August 2018. Construction of six submarines under Project 75(I) will provide a major boost to the existing submarine design and manufacturing eco-system in India through transfer of design and equipment technology as well as necessary skill sets. The DAC also approved the acquisition of approximately 5000 Milan Anti Tank Guided Missiles for the Army.
(With Inputs from PIB India)
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