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Naval Budget 2018-19

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Naval Budget 2018-19 SEE PAge 12 February-March 2018 Volume 13 No. 1 `100.00 (India-Based Buyer Only) Latest EDITION Reserve Your Own Copies, Now! [email protected] www.spsmilitaryyearbook.com www.spsnavalforces.com ROUNDUP THE ONLY NAVAL MAGAZINE FOR NAVIES ACROSS ASIA-PACIFIC PAGE 4 COVER STORY When will Indian Navy Get US-2? ILLUSTRATION: Anoop Kamath At a time when China is increasing its presence in the Indian Ocean region, India has not been able to finalise the procurement of much required amphibious aircrafts. Rohit Srivastava PAGE 6 Secret out – China’s Rail Gun Ready to Fire In recent months China has been making the world aware of its breakthrough in defence technology. After making the world about EMALs, this time it is rail gun for its Navy. Rohit Srivastava PAGE 8 Strategic Base for Nuclear Submarines The growing prowess of the third leg of India’s nuclear triad may be slow to take-off Naval Budget 2018-19 and emerge as a potent force, yet it already has all essentials to employ deterrence in the region Rear Admiral Sushil Ramsay (Retd) Modernisation Stumped PAGE 9 Third Scorpene Submarine Karanj Launched Arun Jaitley stated that, ever since the NDA Government has assumed office in 2014, lot of emphasis has been given to modernising and enhancing the operational capability of the Defence Forces. Ensuring adequate budgetary support will be our priority. n LT GENERAL NARESH CHAND (RETD) 19, presented by the Finance Minister Arun `99,563.86 crore, allocated for Capi- Jaitley in the Parliament envisaged a total tal expenditure, includes modernisation INANCE MINISTER ARUN JAIT- outlay of `24,42,213 crore. Out of this, related expenditure. The Capital allocation LEY started the budget speech by `2,95,511.41 crore has been earmarked for for Ministry of Defence under Budget Esti- reiterating the Government s past Defence which accounts for 12.10 per cent mates (BE) 2018-19 is 33.1 per cent of the achievements and announcing of the total Central Government expendi- total Central Government Expenditure on new proposals for agriculture and ture for the year 2018-19. This allocation Capital Account, which is `3,00,441 crore. Rohit Srivastava Frural economy; health, education and social represents a growth of 7.81 per cent over PAGE 10 protection; MSMEs and employment; infra- Budget Estimates (`2,74,114.12 crore) RM’s Advisory Committee on Ministry of structure and financial sector development; and 5.91 per cent over Revised Estimates Defence Capital Projects Turkey Begins Construction of building institutions and improving public (`2,79,003.85 crore), respectively for the The Raksha Mantri Nirmala Sitharaman its First Helicopter Dock service delivery, etc. All this under the financial year 2017-18. However it is 1.58 has constituted a 13 member Raksha Man- Following the trend of acquiring amphibious Centre Heading of Governance, Economy per cent of GDP and lowest since 1962. tri s Advisory Committee on Ministry of ships which can double up as helicopter and Development . This was on anticipated Revenue and Capital Allocations. Defence (MoD) Capital Projects (RMCOMP). carriers, Turkey has initiated the construction lines due to the elections coming up in Out of `2,95,511.41 crore allocated for The decision has been taken to expedite of its first helicopter dock TCg anadolu. many states during this year. India s annual the financial year 2018-19, `1,95,947.55 capital acquisitions to bolster armed forces Rohit Srivastava budget becomes more of the Government s crore has been allocated for Revenue (Net) preparedness. The Committee is chaired by arithmetical exercise on its revenue and expenditure and `99,563.86 crore for Shri Vinay Sheel Oberoi, Former Secretary, PLUS expenditure with political overtones. Capital expenditure for the Defence Ser- Government of India. The other members vices and the Organisations/Departments are retired senior officers from Defence Appointments 7 Defence Budget under Ministry of Defence. PSUs, OFB, DRDO and the three services. News in Brief 11 Union Budget for the financial year 2018- Capital Allocation. The amount of There are two members from outside the 1/2018 1 COVER STORY 2017 has been a good year for ducted for testing the Navy s Indian Navy as well prominent women officers on an Indian- the Navy with active participa- operational readiness and also ones being INS Kiltan the third built Sailing Vessel, INSV Tarini. tion in foreign exhibitions like exercises with friendly foreign ship of Project-28 anti-subma- This is first Indian all-women IDEX/ NAVDEX 17 at UAE and countries. rine warfare corvette; the third crew circumnavigation of the Langkawi International Mari- Another land mark event and fourth ships (Tillanchang globe under sail. Expedition was time and Aerospace Exhibition was the conduct of the maiden and Tarasa) of the four Follow flagged-off on September 10, (LIMA)-2017. There have been Ô Goa Maritime Conclave (GMC) On Waterjet Fast Attack Craft 2017 and is expected to return overseas deployment both by at Naval War College, Goa Project; and the much awaited to Goa in April 2018. the Western and the Eastern from November 1-2, 2017. commissioning of the first sub- We all at SP Guide Publica- Fleets. The Indian Navy has Chiefs of Navy/Heads of Mari- marine of P-75, Kalvari, on tion wish the Navy to ride even been at the forefront for pro- time Agency/representatives of December 14, 2017 by Prime higher waves in 2018 and happy viding Human Assistance and about 10 countries attended the Minister Narendra Modi. reading! Disaster Relief in India and Conclave. The event was inau- Two other events must be abroad. There have been a gurated by the Defence Minister mentioned of the year gone EDITORIAL few anti-piracy operations con- Nirmala Sitharaman. by, first one being the Award of ducted successfully. India supplied two Water President s Colours to the Sub- The CNS, Admiral Sunil Jet Fast Patrol Vessels to Mau- marine Arm on the Occasion of Lanba led a delegation to Sin- ritius Coast Guard and the first Golden Jubilee of the Subma- gapore on May 15 to participate Advanced Offshore Patrol Ves- rine Arm by President Ram Nath in the International Maritime sel was handed over to Sri Kovind on December 8, 2017, Review to commemorate Sin- Lanka. Both were built by Goa at Visakhapatnam. The second gapore Navy s 50 years. There Shipyard Limited. There were one is Navika Sagar Parikarma JAYANT BARANWAL were major exercises con- few ships commissioned for the being carried out by six naval Publisher & Editor-in-Chief Government that is one from Ernst & Young Defence Production Policy 2018 to pro- crore of 2017-18. Details are: engines, heavy and medium vehicles, other and the other Aerospace & Defence-KPMG. mote domestic production by public Army. A total allocation of `1,30,785.84 equipment, Rashtriya Rifles, NCC, land There are also serving members from HQIDS sector, private sector and MSMEs. crore is shown as BE which includes other works, etc. This is marginally up from and representative of DDP (JS Rank or Thanking the Finance Minister on these revenue expenditure like pay and allow- `25,205.71 crore allotted last year in the RE. Above). The Committee is required to sub- path-breaking announcements, Defence ances and miscellaneous expenses of Air Force. A total of `35,755.62 crore mit their report by August this year. It is not Minister Nirmala Sitharaman, said, These auxiliary forces, civilians, transportation, have been allocated which includes land, clear as what this Committee will accom- are the first ever Defence Production Cor- stores, works, etc. This is up `1,25,127.14 construction works, aircraft and aero plish which was not possible from the serv- ridors being formed in the country. These crore from the RE of last year. engines, heavy and medium vehicles, other ing officers of the Government. Defence Industry Corridors will give a big Navy. A total of `20,208.40 crore is equipment and special projects. This is Defence Pensions. For Defence Pen- boost to defence production in the coun- shown which includes other revenue expen- marginally up from `33,555.62 crore allot- sion, which is over and above the out- try. She added that the announcement by diture and is up from the RE of `19,515.44 ted last year in the RE. lay mentioned above, an amount of Shri Jaitley has paved the way for setting crore of last year. Navy. The overall allocation for the cap- `1,08,853.30 crore has been provided in BE up the first Defence Production Corridor Air Force. A total of `30116.87 crore ital budget is `20,848.62 crore which is mar- 2018-19. This is 26.60 per cent above the in Tamil Nadu. This shall provide impetus has been allocated which includes other ginally up from last year s RE of `19,348.16 BE 2017-18 of `85,740 crore and 14.26 per to the defence production industry in the revenue expenditure and is up from the RE crore (which actually was pruned down cent over RE 2017-18 of `95,000 crore. country and in the region, in particular. of `28505.40 in 2017-18. to `18,327.64 last year) and the Navy has The Department of Defence Production Indian Coast Guard (ICG). `2091.42 been able to spend `13,970.44 till Decem- Border Infrastructure had recently conducted a major Defence crore for revenue and `2700 crore for capi- ber 31, 2017. Thus the amount of about Arun Jaitley declared the government was Industries Development Meet in Chennai tal expenses have been allocated as com- `4,400 crore will possibly be surrendered.
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