New Delhi, Feb. 1 -- The Centre allocated a budget of Rs 7.8 lakh crore to the Defence Ministry for the year 2026-27. Defence forces will receive Rs 2.19 lakh crore for modernisation under the Capital Outlay budget.

Overall, the defence ministry will see a 15 percent increase in its budgetary allotment. In FY26-27, there is a 21.84 percent increase in capital outlay hiked from Rs 1.80 lakh crore in FY 25-25 to Rs 2.19 lakh crore.

The Defence Ministry has major projects in the pipeline, such as contracts for Rafale fighter jets, submarines, and unmanned aerial vehicles.

The Defence budget (civil) has been reduced by 0.45 per cent as compared to last year's Rs 28,554.61 crore.

Meanwhile, the Defence Services (Revenue) and Capital Outlay...