"defence-budget"

India has allocated Rs 7.84 lakh crore for defence in Budget 2026–27, marking a 15% rise over last year. The higher outlay focuses on modernisation, capital expenditure, defence manufacturing and welfare of ex-servicemen amid rising security challenges.

India’s Union Budget 2026-27 allocates Rs 7.84 lakh crore for defence, including Rs 2.19 lakh crore for capital expenditure and Rs 5.53 lakh crore for revenue. Customs duty exemptions on aircraft components aim to boost the defence aerospace sector

Rs 1,80,000 crore set aside for armed forces for capital expenditure that includes purchasing weapons, aircraft, warships

China's defence budget is about one quarter of the US figure, which is USD 740.5 billion for the 2021 fiscal year.