• ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS
Sunday, October 26, 2025
  • Login
Economy India
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
No Result
View All Result
Economy India
No Result
View All Result
Home Economy

The Expenditure on Armed Forces Should Not Be Seen as a Burden on Economy: Army Chief Naravane

by Economy India
April 14, 2022
Reading Time: 2 mins read
FEATURED IMAGE ECONOMY INDIA 1 1
SHARESHARESHARESHARE

The expenditure on the armed forces is an investment on which one gets full returns and it should not be seen as a burden on the economy, Chief of Army Staff General M M Naravane said on Wednesday.

A nation can survive the shocks that wipe out the share market and leaves thousands of investors bankrupt only when the armed forces of that country are strong, he said addressing a gathering after releasing a book, titled ‘Fifty Years of 1971 War: Accounts from Veterans,’ at the Rashtriya Raksha University.

ADVERTISEMENT

The book is compiled by the university and contains a message by Prime Minister Narendra Modi. The book is an outcome of a series of webinars organised at the university and deals with various aspects of the 1971 war.

General Naravane’s comments have come at a time when Russia and Ukraine are engaged in a war and there is eastern Ladakh border standoff between India and China.

“Whenever we talk about the armed forces, and whenever we talk about investments and expenditures made for the armed forces, we should see this as an investment — an investment on which you get full returns, and it should not be seen as a burden on the economy,” the Army chief said.

He said one has seen how the economy suffers whenever there is a crisis.”The moment there is a war anywhere, whenever there is instability in a region, straightway you can see the impact on the shares, on the stock market,” he said.

Surviving such kinds of shock can only happen if the armed forces of the country are strong, he said. While the armed forces play a major part in the security of a nation, other organs of the state play an equally important role, he noted.

“All of us are equal players and stakeholders in the safety and security of the nation,” he said.
General Naravane also advised students of the university to do whatever they feel passionate about, and not because their parents asked them or out of peer pressure.

He said the Army has also opened up more avenues for women.

“We have made it more and more easy, and more avenues have been opened up for women to join the armed forces in more and more streams,” he said, adding that even the Army Aviation wing has been opened up for women, and two of them will be graduating sometime in July.

“As time goes, more avenues will be available to women in the armed forces,” he said.
General Naravane also talked about cooperation between the Indian Army and the Rashtriya Raksha University.

He visited the university’s School of Information Technology where he was briefed about works done on cyber security, artificial intelligence and digital forensics, and how they can contribute to national security. (PIB)

CSR Leadership Summit
ADVERTISEMENT
India CSR Awards
ADVERTISEMENT
ESG Professional Network
ADVERTISEMENT
Tags: Economy IndiaGeneral Manoj Mukund Naravane
Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

Related Posts

Pakistan’s Total Public Debt Crosses $286 Billion in FY2024-25, Rising 13% Year-on-Year
Economy

Pakistan’s Total Public Debt Crosses $286 Billion in FY2024-25, Rising 13% Year-on-Year

October 25, 2025
Trump’s 100% Tariff on China Triggers $1.5 Trillion Market Meltdown
Economy

Trump’s 100% Tariff on China Triggers $1.5 Trillion Market Meltdown

October 13, 2025
India’s Trade Deficit Expected to Reach ₹2.5 Lakh Crore in September 2025
Economy

India’s Trade Deficit Expected to Reach ₹2.5 Lakh Crore in September 2025

October 13, 2025
India Extends Export Duty and Tax Refund Scheme (RoDTEP) Until March 2026: A Comprehensive Analysis
Economy

India Extends Export Duty and Tax Refund Scheme (RoDTEP) Until March 2026: A Comprehensive Analysis

September 30, 2025
Trump Slaps 100% Tariff on Branded Drugs from October 1; India, Key Exporter, Faces Uncertainty
Economy

Trump Slaps 100% Tariff on Branded Drugs from October 1; India, Key Exporter, Faces Uncertainty

September 26, 2025
GST 2.0: FMCG Firms Expect Full Price Alignment Within Two Months
Economy

GST 2.0: FMCG Firms Expect Full Price Alignment Within Two Months

September 24, 2025
Next Post
FEATURED IMAGE ECONOMY INDIA 1 1

ED to summon former Xiaomi India head in investigation: Report

16th CSR Leadership Summit 2025
ADVERTISEMENT
India CSR Awards
ADVERTISEMENT

LATEST NEWS

UP CM Yogi Adityanath Meets PM Modi in New Delhi, Discusses State’s Development Agenda

Odisha Approves ₹1.46 Lakh Crore Investment Across 33 Projects, Including Adani’s Coal-to-Chemical Venture

Pakistan’s Total Public Debt Crosses $286 Billion in FY2024-25, Rising 13% Year-on-Year

Gold Prices Plunge ₹1,836 in a Day, Silver Falls ₹4,417: 7-Day Decline Wipes Out ₹9,356 from Gold’s Value

LIC Faces Political Storm Over ₹33,000 Crore Investment in Adani Group After US Media Report

HUDCO Signs ₹5,000 Crore MoU with JNPA to Boost Port Infrastructure Development

Aditya Birla Sun Life AMC Posts ₹241 Crore Net Profit in Q2; Margins Remain Stable

Ola CEO Bhavish Aggarwal Booked for Abetment of Suicide: Engineer’s Death Sparks Major Controversy

  • ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS

Copyright © 2024 - Economy India | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories

Copyright © 2024 - Economy India | All Rights Reserved