Indian Economy News & Discussion - Nov 27 2017

The Technology & Economic Forum is a venue to discuss issues pertaining to Technological and Economic developments in India. We request members to kindly stay within the mandate of this forum and keep their exchanges of views, on a civilised level, however vehemently any disagreement may be felt. All feedback regarding forum usage may be sent to the moderators using the Feedback Form or by clicking the Report Post Icon in any objectionable post for proper action. Please note that the views expressed by the Members and Moderators on these discussion boards are that of the individuals only and do not reflect the official policy or view of the Bharat-Rakshak.com Website. Copyright Violation is strictly prohibited and may result in revocation of your posting rights - please read the FAQ for full details. Users must also abide by the Forum Guidelines at all times.
rahulm
BRFite
Posts: 1311
Joined: 19 Jun 2000 11:31

Re: Indian Economy News & Discussion - Nov 27 2017

Post by rahulm »

saip wrote: 01 Feb 2026 22:26 Rahulm, I worked in Goa decades ago. Then it was beautiful and VERY CLEAN. But not anymore.
SInce 10 years, I have just cause to go to Goa every year. Its depressing - what it could have been - a model - a showcase state in governance, cleanliness, law and order, politeness etc (all the things that make life pleasant) and what it has become. The taxi mafia, the land mafia and worse (not posting here). Today even piped water is an issue. Rationed out in similar frequency to godforsaken Wardha and Wani in MH ( I know - I go to Goa and VIdharbha every year coz Pune has become an insufferable city for me).

And in Goa there is no didi or pappu to blame. It's been a bhajpa bastion more or less for a very long time.
A_Gupta
BRF Oldie
Posts: 15158
Joined: 23 Oct 2001 11:31
Contact:

Re: Indian Economy News & Discussion - Nov 27 2017

Post by A_Gupta »

What is the progress of the eCourts Project,the JustIS app for judges, National Judicial Data Grid (NJDG), digital case records (DSCR)?
williams
BRFite
Posts: 1689
Joined: 21 Jun 2006 20:55

Re: Indian Economy News & Discussion - Nov 27 2017

Post by williams »

pravula wrote: 01 Feb 2026 14:02
uddu wrote: 01 Feb 2026 13:27 Defence Budget 2026: Govt lifts defence spending to 11% of GDP, outlay jumps 21% to ₹5.95 lakh crore
https://www.cnbctv18.com/budget/defence ... 836777.htm
In the Budget 2026 presented on February 1, Finance Minister Nirmala Sitharaman raised India’s defence allocation, with higher spending expected on capital equipment, modernisation and domestic manufacturing.

India stepped up its defence spending in the Union Budget 2026, with Finance Minister Nirmala Sitharaman announcing an outlay of ₹5.95 lakh crore on February 1, up 21% from last year’s Budgeted ₹4.92 lakh crore allocation. The increase includes a 21% rise in overall defence capital expenditure, underlining the government’s emphasis on long-term capability building. As a result, defence spending has risen to 11% of GDP in FY26, from around 8% in the previous year.
11% of GDP? this cant be right...

Rough calculation is 5.95 lakh crore is 80 billion dollars out of 4400 billion dollar GDP. Should be around 1.8% of GDP. I will be very happy if they spend that much.

Here is the official allocation percentage: I am not sure where the 11% came from.

Defence: 14.68% (highest allocation, ~20% increase)
States' Share of Taxes & Duties: 22%
Interest Payments: 20%
Central Sector Schemes: 17%
Centrally Sponsored Schemes: 7%
Finance Commission/Other Transfers: 8%
Pensions: 2%
Other Expenditures: 7%
A_Gupta
BRF Oldie
Posts: 15158
Joined: 23 Oct 2001 11:31
Contact:

Re: Indian Economy News & Discussion - Nov 27 2017

Post by A_Gupta »

Defense outlay is 7.85 lakh crores. Not 5.95.
India's nominal GDP (GDP at current prices) for the fiscal year 2024-25 is estimated to be approximately ₹330.68 lakh crore (or ₹330.7 trillion), according to projections. For the following fiscal year 2025-26, nominal GDP is estimated to reach ₹357.14 lakh crore.

So the defense outlay is 2.37% or 2.198% of GDP.
Post Reply