Defence budget soars to ₹7.85 lakh crore, R&D gets 90% boost: Rajnath Singh
GS3Economy · S&T · Environment · Security· Industry, investment & MSMEs· Prelims + Mains·
Why in news
Defence Minister Rajnath Singh announced a significant hike in the defence budget and R&D allocation to bolster self-reliance in manufacturing.
Background
The defence budget is set at ₹7.85 lakh crore for 2026-27 with a 90% boost in R&D. Domestic production rose from ₹46,000 crore in 2014 to ₹1.78 lakh crore in FY 25-26.
Facts for Prelims
- FactDefence budget for 2026-27: ₹7.85 lakh crore
- FactDefence R&D allocation increase: 90%
- FactDefence exports reached an all-time high of ₹38,424 crore
- FactDomestic production in FY 25-26: ₹1.78 lakh crore
For Mains
Q. Discuss the significance of increasing R&D and domestic manufacturing in achieving 'Atmanirbhar Bharat' in the defence sector.
Dimensions to cover in your answer
- technological sovereignty
- reduction in import dependency
- economic multiplier effect
- strategic autonomy
Keywords: self-reliance · modernization · R&D · procurement reforms · strategic autonomy
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