Industry Newsdefence techsemiconductorsnuclear energycritical minerals
India Allocates ₹7.85 Lakh Crore Defence Budget
9.1
NITI Aayog member V.K. Saraswat said India’s Union Budget 2026–27 allocates ₹7.85 lakh crore to the Ministry of Defence, a 15.19% rise versus FY2025–26, and increases DRDO funding to ₹29,100.25 crore. He highlighted the SHANTI Bill opening nuclear power to private participation to reach a 100 GW target, the ₹1 lakh crore RDI initiative, and Semiconductor 2.0 priorities.
Key Points
- 1Announces ₹7.85 lakh crore defence allocation, 15.19% increase, DRDO funding ₹29,100.25 crore.
- 2Highlights SHANTI Bill opening nuclear sector to private firms, enabling India's 100 GW nuclear target.
- 3Urges private-led RDI and Semiconductor 2.0 to accelerate advanced chips, materials, and supply security.
Scoring Rationale
High national significance driven by large defence budget and policy reforms; limited technical implementation details reduce methodological depth.
Sources
Public references used for this report.
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