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The Indian government has allocated ₹7.85 lakh crore to the Ministry of Defence for the 2026-27 fiscal year, marking a 15.19% increase from the previous year. This budget represents 14.67% of total Central Government expenditure, with a significant increase in funding for the Defence Research and Development Organisation (DRDO). Key initiatives include advanced technology acquisition, increased private sector participation in nuclear energy, and the launch of the Research Development Innovation initiative to enhance R&D funding.