PM Modi
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Moneycontrol15-02-2026, 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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