India, Feb. 9 -- The Union Budget for FY 2026-27 signals more than a rise in defence spending. With an allocation of Rs.7.85 lakh crore, close to 2% of GDP and the largest among all ministries, defence has been repositioned from a recurring expenditure line to strategic capital for long term sovereignty and industrial strength.

The 15.19% increase over last year's Budget Estimates reflects a structural recalibration rather than routine expansion. In the aftermath of Operation Sindoor, the message is unmistakeable: Preparedness cannot be episodic. It must be institutional, technology driven and future ready.

Of the total allocation, Rs.2.19 lakh crore has been earmarked for capital expenditure, including Rs.1.85 lakh crore for capital ac...