New Delhi, March 18 -- Noting that technology is changing very fast and so is the geo-political scenario, Parliamentary Standing Committee on Defence has said that any procurement procedure should have a timeline for delivery and the process should have transparency and accountability.

In its report presented in Parliament on Wednesday on the demands for grants of Defence Ministry for 2026-27, the Committee noted that the capital budget of defence services is bifurcated into capital acquisition and other than capital acquisition with outlays of Rs 1,84,931.92 crore and Rs 34,374.55 crore respectively in BE 2026-27.

The Committee was satisfied to note that the total capital outlay of Defence services registered an increase of 21.84% as c...