India to spend 130 bn for military modernisation in next 57 years

first_imgNew Delhi: As India faces complex security threats, the government has firmed up a mega plan to spend USD 130 billion to bolster combat capability of the armed forces in the next five to seven years, according to an official document.Official sources said the government has decided on a broad plan to speed up modernisation of the Army, Navy and the Air Force under which a range of critical weapons, missiles, fighter jets, submarines and warships will be procured in the next few years. Also Read – Uddhav bats for ‘Sena CM’They said the government’s immediate priority is to fast-track infantry modernisation, including procuring 2,600 infantry combat vehicles and 1,700 future ready combat vehicles for the Indian Army. Another key priority is to procure 110 multirole fighter aircraft for the IAF. “The government will spend USD 130 billion for fleet modernisation in the next 5-7 years across all armed forces,” the official document stated. The armed forces have been pushing for adequate allocation of funds so that they are well prepared to deal with the possibility of a “two-front” war on both northern and western borders. Also Read – Farooq demands unconditional release of all detainees in J&KSources said government is aware of China significantly ramping up its air and naval powers, adding the aim is to equip both the the Indian Air Force and the Indian Navy with capabilities at par with its adversaries. To bolster its operational capability, the Navy has already finalised a plan to have 200 ships, 500 aircraft and 24 attack submarines in the next 3-4 years. At present, the Navy has around 132 ships, 220 aircraft and 15 submarines. The sources said the government is also determined to significantly enhance IAF’s overall combat capabilities and a detailed plan is being finalised. The government is also working on a mega defence project to make the airspace over almost all its major cities, including Delhi and Mumbai, virtually impregnable, the sources said. It is also inducting the first batch of its intercontinental ballistic missile system — Agni V — which is expected to significantly bolster the country’s air defence system. The missile, with a strike range of 5,000 km, is capable of carrying a nuclear warhead. Very few countries, including the US, China, Russia, France and North Korea, have intercontinental ballistic missiles. In its missile armoury, India currently has Agni-1 with a 700 km range, Agni-2 with a 2,000-km range, Agni-3 and Agni-4 with 2,500 km to more than 3,500-km range. The sources said the government’s focus will be to develop the domestic defence industry and key policy initiatives are expected to be rolled out for it in the next couple of months.last_img read more

In the news today April 15

first_imgFive stories in the news for Monday, April 15———ONTARIO’S CARBON TAX COURT CHALLENGE GETS UNDERWAYOntario’s battle against Ottawa’s carbon tax gets underway in the province’s top court today. Ontario’s Progressive Conservative government has denounced the Greenhouse Gas Pollution Pricing Act as an illegal tax grab that will drive up the price of gasoline and heating fuel. The federal Liberal government, on the other hand, insists it is responding appropriately to an issue of national concern — climate change. The climate change law applies in provinces that have no carbon-pricing regimes of their own that meet national standards.———ALBERTA’S ELECTION CLASH OF TITANS FIZZLESAlberta’s election campaign promised a titanic clash of ideas and ideologies between two nationally known leaders, but delivered a burlesque of biting attacks and bozo eruptions — and a surprise guest appearance by the RCMP. Rachel Notley will make history Tuesday as either the first Alberta NDP premier to win re-election or the first-ever leader of an Alberta party that failed to win a renewed mandate on its first try. A win for Jason Kenney’s United Conservatives, as predicted by the polls, means a return to the right-centre for Alberta, its traditional home since the middle of the last century. ———1 DEAD, 1 IN HOSPITAL, 1 IN CUSTODY AFTER SHOOTING AT B.C. CHURCHA 25-year-old man is in custody following a shooting at a church in Salmon Arm, B.C., that left one person dead and sent another to hospital  Sunday morning. Local RCMP say the shooting happened during an event at the Church of Christ in the community about 100 kilometres north of Kelowna, and that investigators do not believe it was religiously motivated. Police also say the suspect knew at least one of his alleged victims.———INDIGENOUS WOMEN’S INQUIRY SEEKS RCMP FILESThe national inquiry into missing and murdered Indigenous women is fighting in court for access to two RCMP files the national police force is refusing to hand over. The inquiry is set to issue its long-awaited report in June, but says it wants the contested Mountie files to complete its work on one of the saddest chapters in Canada’s recent history. Little is publicly known about the two disputed files other than their titles: “Missing Person: Missing Indigenous Woman” and “Homicide: Murdered Indigenous Woman.”———FINAL REPORT EXPECTED ON N.S. ELECTORAL BOUNDARIESA commission looking to redraw Nova Scotia’s electoral map is expected to issue its final report today. In an interim report released in November the commission called for the restoration of four electoral districts aimed at improving representation for black and Acadian voters. The districts were eliminated in 2012, but the changes led to a successful court challenge by the province’s Acadian community. Today’s report follows a set of public consultations in January and February that presented four alternatives for consideration.———ALSO IN THE NEWS:— Bank of Canada to release its spring Business Outlook Survey and Senior Loan officer survey.— Canadian Real Estate Association expected to release March home sales results.— Small Business Minister Mary Ng announces in Toronto an investment in women entrepreneurs.— Annual conference of the Canadian Agency for Drugs and Technologies in Health opens in Edmonton.———The Canadian Presslast_img read more