Our military must be prepared to fight and win a two-front war

Ajai ShuklaThe conspicuously modest rise in the defence budget for 2018-19 highlights the mismatch between India’s grandiose strategic ambitions and our limited ability to fund them. Defence allocations, including military pensions, will rise by a token 8.1 per cent from the current year’s revised estimates of Rs 3.74 trillion ($58.45 billion) to Rs 4.04 trillion ($63.2 billion) next year.The usual suspects have lamented that this is far short of India’s “legitimate security needs”. But they seem to be overlooking the fact that successive Indian governments over the …

Source: Business Standard