The question that faces governments and militaries the world over
is how best to allocate resources for management of defence in the
new age. This book, by Shri A.K. Ghosh who has an economics
background, explores the framework for change in resource
allocation and capability building. It emphasises the importance of
introducing programming in Indian defence to serve as a link
between defence planning and budgeting. The mismatch between
defence planning and budgeting needs to be connected by the
introduction of resource constrained budgeting, having a multi-year
perspective. The RMA, force modernisation, cost-benefit analysis,
management of risks, and internal and external audits are among the
many issues the author has provided a perspective on. It is argued
by the author that defence needs to be viewed as a giant business
and, where possible, business practices should be introduced. The
book is recommended reading for the planners and decision-makers of
defence management and will benefit readers from the armed forces
as well. The lay readers interested in the subject of national
defence and security will also find it useful and interesting.
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