PM Modi: Govt Must Modernize Defence Sector to Match Current Realities

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Moneycontrol•15-02-2026, 18:46
PM Modi: Govt Must Modernize Defence Sector to Match Current Realities
- •PM Modi states government's duty to modernize defence sector in line with current realities.
- •Highlights sustained rise in defence budget allocations as proof of commitment.
- •Evolving security challenges and rapid technological shifts demand continuous military upgrades.
- •Defence outlay increased by double-digits, excluding pensions, to Rs 5.9 lakh crore from Rs 4.9 lakh crore in FY26.
- •Capital expenditure for defence increased to Rs 2.2 lakh crore, focusing on equipment, infrastructure, and technology.
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