Budget 2024: Amid big defence dilemma, here's how India will need to balance its priorities

Interim Budget: India's defence strategy faces a Budget conundrum as it grapples with potency versus pragmatism. The 'mother of all procurements,' the MMRCA program by the Indian Air Force, stumbled, securing only 36 Rafale jets out of the intended 126, plunging squadron strength to a mere 32. Similar shortcomings echo in the Indian Army and Navy, raising concerns about defence allocations in the next fiscal year amid impending elections and the need for welfare measures. India's ambitions to become a global leader in defence technology face a funding hurdle, as noted by a parliamentary committee's recent report.
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