His prudence, indeed, with regard to worldly views, might often be called in question and sometimes he might be hurried away from listening to her sober dictates, by the impetuosity of a warm imagination, or allured by the sportiveness of fancy: yet on all important occasions, he showed that he had no common share of that virtue, so necessary to the right direction of all the others. Accordingly we find, from his first appearance in the world, he was possessed of three of the cardinal virtues, justice, temperance, and fortitude, in an eminent degree. ![]() The soil in which no weeds sprout up, will reward the cultivator with plenteous crops of useful grain. 43 mins Sasikala urges State govt.Is an old adage and the bosom that is free from vice, is finely prepared for the reception of virtue.40 mins AIADMK legislators, district secretaries to meet next week.38 mins Stop allotment of PG medical seats under convenor quota, HC tells KNUHS.32 mins Woman, daughter found dead in Ibrahimpatnam.28 mins Four killed in two separate incidents of lightning strike.23 mins More than 36,000 apply for MBBS and BDS counselling.7 mins Nine booked for performing pooja at Bidar madrasa.It would also allocate ₹1,000 crore per annum for the welfare of families of the defence and CAPF personnel who sacrifice their lives in frontline duties.ĭue to overall fiscal constraints, the Commission recommended that the MoD should also take “immediate measures to innovatively bring down the salaries and pension liabilities” and reduce dependence on defence imports with a specific roadmap. The Commission said the fund may be operated by a high-powered committee notified by the Union government and may be headed by the Cabinet Secretary with the Secretaries of Defence, Home and Expenditure and the Chief of Defence Staff as members. This would be augmented by ₹100 crore per annum for improved communication systems and technology upgradation of the police personnel. ![]() The amount proposed for capital expenditure towards internal security for the five years is ₹50,000 crore of which the MHA will allocate ₹500 crore for redeveloping and improving the residential facilities for police personnel in Delhi. The MHA will only be permitted to use that is earmarked for it from the source of revenue,” the Commission said. ![]() “The MoD would have exclusive rights over the use of the amounts deposited in the Fund from the specified sources of revenue. The Commission said the fund will have four specific sources of incremental funding which include transfers from the Consolidated Fund of India, disinvestment proceeds of defence public sector undertakings (DPSUs), proceeds from the monetisation of surplus defence land, including realisation of arrears of payment for defence land used by State governments and for public projects and cost recovered of encroached land and proceeds of receipts from defence land likely to be transferred to them and for public projects in future.Īs per the Commission, the proceeds will be utilised for capital investment for modernisation of defence services, capital investment for the Central Armed Police Forces (CAPF) and modernisation of State police forces as projected by the MHA and a small component as welfare fund for soldiers and para-military personnel. “Sources of funding and modalities will be examined in due course.” In the action-taken report tabled in Parliament along with the Commission report, the government said it has “in-principle” accepted the creation of the fund in the Public Account of India. The Defence Ministry has for long been demanding a non-lapsable fund keeping in view the long trajectory of military modernisation. However, the unutilised amount from the normal budgetary allocations to the Ministry of Defence (MoD) and the Ministry of Home Affairs (MHA) for capital expenditure shall not be part of the Fund. The indicative size of the MFDIS for 2021-26 is ₹2,38,354 crore and the maximum recommended is ₹51,000 crore per annum, the Commission said in its report. The 15th Finance Commission has recommended constitution of a dedicated non-lapsable Modernisation Fund for Defence and Internal Security (MFDIS) to bridge the gap between projected budgetary requirements and allocation for defence and internal security.
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