Currently our main drawback is we lack enough basic trainers. But it should be solved long before either MRFA or LCA Mk2 are inducted, with a combination of lease and HTT-40, at least by 2025-26. Once that's done, we won't have much problems with pilot training.
As for money, we most definitely have it. It's being spent elsewhere currently, so it's not easily visible, but once the priority shifts back to fighter jets, it will get going strong again. The combined yearly capex outflow for LCA Mk2 and MRFA is estimated at $3.5B, ie, $35B in 10 years, obviously heavily overestimated, whereas IAF's total capex is $7.5B a year today, ie $75B in 10 years.
This should make things easier.
The U.S. Air Force wants to send more than 200 aircraft to the boneyard. Will lawmakers push back?
www.defensenews.com
Although research, development, test and evaluation costs for the Air Force increased from $26.6 billion to $28.8 billion, procurement fell from $26.1 billion to $22.9 billion.
The IAF at $7.5B is only 3 times lesser than USAF's $22.9B.
Give it 10 more years, the IAF's budget is likely to double, and that will take us to $15B, possibly with the USAF climbing to $30B at best. And we do not have their insanely high transport, bomber and refueller requirements, most of our money is spent only on fighters, which should be slightly lower than the USAF's fighter budget. So I don't get how people think we do not have money.