The central government is going through an economic crisis due to the Corona virus crisis. In such a situation the government can also cut military expenses. Business Standard quoted defense sources as saying that the cut could be as much as 40 per cent. According to the report, the government will not cut any salary and allowances of military personnel. However, other military expenses can be cut from 20 to 40 percent. This information has been revealed by quoting a senior defense ministry official. If the government cuts the military expenditure by 20 percent, it will save up to Rs 40,000 crore. Apart from this, a reduction of 40 per cent will save Rs 80,000 crore.
According to the report, while talking to defense analysts in Delhi, the defense officer confirmed the reports which said that the army has been told to cut expenses. He said that in the April-June quarter, the government has asked the army to cut expenses by 15 to 20 percent. Explain that the government is constantly taking steps to raise the necessary funds to deal with the Corona crisis. Under this, the central government has banned the increase in DA of its 1.5 crore employees and pensioners till July 2021.
Significantly, after the decision of the central government, cuts are also being made by the state governments. The UP government has banned the increase in allowances, including DA for state employees. Not only this, the Government of Madhya Pradesh, Tamil Nadu has also reduced the DA. Not only this, after the pay cuts, governments are also looking towards increasing taxes on petroleum products.