tag:blogger.com,1999:blog-8726844009873922462.post6824208663084122598..comments2024-03-28T05:22:10.255-07:00Comments on Broadsword by Ajai Shukla - Strategy. Economics. Defence.: Defence industry seeks tax rationalisation, policy clarityBroadswordhttp://www.blogger.com/profile/13076780076240598482noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-8726844009873922462.post-3567359269944205792017-01-30T09:57:49.398-08:002017-01-30T09:57:49.398-08:00I doubt if there will be a major increase in defen...I doubt if there will be a major increase in defence budget. there is no point as it will lead to returning unused funds as we cannot close all major contracts in 1 fiscal year. in the last 2.5 years there are only 4 or 5 major contracts that have been closed so double digit hike is not going to happen. plus where is the money to spend??<br />Also taxation changes will not happen as the MoD was too preoccupied with DPP and missing SP chapter. there will only be some cosmetic changes, thats all. The industry by now must have realistic expectations from the GoI and there are so many complex issues that only a few will get attention at any point of time. if they can implement recommendations of all committees then that will be a big achievement.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8726844009873922462.post-63643802568992312552017-01-30T06:31:07.062-08:002017-01-30T06:31:07.062-08:00I think it is not just budgeting process, but over...I think it is not just budgeting process, but overall inertia that exists in MoD. Straight stuff like spares for equipment already bought get meshed in some file movement. <br />Raksha Mantri had to put his hand for Su-30 spares.<br />Maybe the whole civilian side of a MoD needs to be overhauled. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8726844009873922462.post-83403798871716838622017-01-30T04:26:59.510-08:002017-01-30T04:26:59.510-08:00Whether it is building toiled in villages or build...Whether it is building toiled in villages or building hi-tech weaponry, Indian bureaucrats are rotting the system everywhere. Anonymousnoreply@blogger.com