India's Defence Budget Soars to ₹6.8 Lakh Crore for FY2025-26

In a significant boost to national security, India has allocated over ₹6.8 lakh crore for its defence sector in the Union Budget for FY2025-26. This marks a 9% increase from last year's budget, with a substantial portion earmarked for modernizing military capabilities, including new fighter jets, warships, and drones. The focus on indigenous procurement aims to enhance self-reliance in defence manufacturing. This year's defence expenditure represents 1.9% of India's projected GDP, reflecting the government's commitment to strengthening its armed forces amid rising geopolitical tensions.

 

Source: Hindustan Times, NDTV, Economic Times