Increased Capital Spending for the Defence Sector

Source:  TH Subject:   Defence/Economy Context: The government announced a historic 15.2% hike in the total defence budget for FY2026-27, primarily to address tactical gaps exposed by the recent Operation Sindoor conflict. The allocation aims to strengthen India’s “security-development-self-reliance” balance amid rising geopolitical tensions. About Increased Capital Spending for the Defence Sector: What it is? Capital …