Union Budget 2026: Defence Budget pegged at ₹7.85 lakh crore; 15% increase over current fiscal
The Indian government allocated ₹7,84,678 crore for the 2026-27 defense budget, a significant increase of 15% over last year. Defence Minister Rajnath Singh highlighted the allocation's focus on modernization and technological innovation to address security challenges from China and Pakistan. The budget allocated ₹2,19,306 crore for capital expenditure, including new weapons, aircraft, warships, and military hardware, with a substantial increase over last year's estimate. Finance Minister Nirmala Sitharaman proposed customs duty exemptions for civilian aircraft components and parts to support the defense aerospace industry.
1 FEB 2026
— The Hindu
The Finance Minister proposed a ₹1.30 lakh crore budget for agriculture in 2026-27, marking a 2.6% increase from the previous year.
— The Hindu
The Union Budget 2026 allocates increased funding to strengthen the fisheries and animal husbandry sectors through various schemes.
2 FEB 2026
— The Hindu
The Union Budget 2026-27, presented by Nirmala Sitharaman, focuses on technology-driven reforms and trade facilitation to enhance India's attractiveness as an investment destination.
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