3 months ago
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ARTICLE AD BOX
NEW DELHI: The Union Budget 2026 has acceptable speech Rs 7.85 lakh crore for defence, marking a crisp summation from Rs 6.81 lakh crore past year. According to authoritative figures, the defence outlay for 2026-27 stands astatine Rs 7,84,678 crore, compared with Rs 6,81,210 crore successful the erstwhile fiscal year. Of this, the superior outlay has been pegged astatine Rs 2,19,306 crore, portion gross expenditure stands astatine Rs 5,53,668 crore, including Rs 1,71,338 crore for pensions.The equipped forces volition person Rs 2.19 lakh crore for modernisation, with allocations including Rs 63,733 crore for craft and aero engines and Rs 25,023 crore for the naval fleet. The defence ministry has respective large projects successful the pipeline, including contracts for Rafale combatant jets, submarines and unmanned aerial vehicles.
In comparison, the superior outlay successful 2025-26 was pegged astatine Rs 1,80,000 crore, which was aboriginal raised to Rs 1,86,454 crore astatine the revised estimation stage.In her fund speech, concern curate Nirmala Sitharaman projected exempting basal customs work connected components and parts required for the manufacture of civilian, grooming and different aircraft. She besides announced the waiver of basal customs work connected earthy materials imported for the manufacture of craft parts utilized for maintenance, repair oregon overhaul by defence assemblage units.
The measures are expected to supply a boost to the defence aerospace industry.Meanwhile, the Defence Services (Revenue) and Capital Outlay were allocated Rs 3,65,478.98 crore and Rs 2,19,306.47 crore, respectively, reflecting jumps of 17.24 per cent and 21.84 per cent.In a boost to the defence sector, Sitharaman announced, "It is projected to exempt basal customs work connected earthy materials imported for the manufacture of parts of craft to beryllium utilized successful maintenance, repair oregon wide requirements by units successful the defence sector."
