Post #912

🇮🇳 India’s 2026–27 Defence Budget Hits $87 Billion — 15.3% Increase 📈 India has allocated ₹7.85 lakh crore (~$87 billion) for its defence budget in FY 2026–27, marking a 15.3% increase over the previous year’s ₹6.81 lakh crore. ➡️ Key Points: — 4th Largest Defence Budget Globally — ₹2.19 lakh crore earmarked for capital outlay, focusing on modernization and procurement of new equipment. — ₹1.12 lakh crore dedicated to domestic procurement, aligning with the 'Aatmanirbhar Bharat' initiative. — ₹26,816.82 crore allocated to DRDO, a 12.4% increase, to bolster innovation in defence technologies. @ParadoxBackup