Defence allocation hiked 15 per cent to Rs 7.8 lakh crore in Budget 2026-27

Finance Minister Nirmala Sitharaman announced an allocation of Rs 7.8 lakh crore for the country’s defence sector in the Union Budget for 2026-27, representing a 15 per cent increase over the corresponding figure of Rs 6.81 lakh crore for the previous financial year.

The defence forces have been allocated Rs 2.19 lakh crore for the purchase of military hardware as part of the capital outlay in the Budget, which constitutes a 21.8 per cent increase compared with the Rs 1.80 lakh crore allocated in FY 2025-26.

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