Context: Amidst the ongoing standoff between India and China along the Line of Actual Control (LAC), the hike in the defence budget is insufficient and negligible.
Analysis of Budgetary Measures for Defence Sector
Conclusion: India needs to increase its defence outlay from 2.1 to 3% of GDP to meet the new two-front external threats from China and Pakistan, and achieve the goal of Atmanirbharta in defence manufacturing.