01 Feb 2026 | 5 Mins Read
Government increases Defence budget to bolster domestic firms
Flipitmoney
The Union Budget FY2026-27 allocates Rs 7.846 Lakh Crore for defense, a 15.2% increase from FY26BE. The capital outlay jumps 20.1% to Rs 2.31 Lakh Crore, favoring Hindustan Aeronautics Limited and Bharat Electronics Limited. A dedicated Rs 5,000 Crore Deep-Tech Fund supports private R&D, while BCD exemptions boost domestic aircraft production and pilot training.