The Economic Times

Budget 2026: Amid Rafale buys, govt allocates Rs 63,733 crore for aircraft, engines to give more air power against Pakistan, China

The Defence Ministry's budget has seen a 15% increase, reaching Rs 7.85 lakh crore for FY26-27. Capital expenditure, crucial for modernization, has jumped by 21% to approximately Rs 2.9 lakh crore, with significant allocations for aircraft, aero engines, and the naval fleet. This boost aims to enhance the operational capabilities of the Indian Armed Forces.