Suchergebnisse

"As the fourth largest military spender in the world, India has a huge defence economy with a budget amounting to nearly $67 billion in 2020-21. This book examines how well India's defence economy is managed, through a detailed statistical exposition of five key themes - defence planning, expenditure, arms production, procurement, and offsets. The book is based on hard-core 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 Reserve Bank of India. It discusses key issues such as the evolution of India's defence plan; the feasibility of increasing defence spending; India's 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, the volume 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 attaches, defence training institutes, and strategic think tanks."

India has expended a great deal of energy and resources to set up a vast defense economy to innovate and produce state-of-the-art weapon systems for use by the armed forces. However, the performance of the defense economy has been largely suboptimal, leading to poor self-reliancein arms procurement and heavy dependence on foreign sources for meeting the key defense requirements. An examination of the causes of poor performance exhibits a number of hortcomings related to India's both 'hard' and 'soft' innovation capacities. Inefficiency and lack of reforms of the main research and development (R&D) and manufacturing players, meager R&D and procurement budgets, poor management of human resources, lack of strong support from the political leadership, and a weak acquisition system, leave India's defense innovation in a poor state.