Budget Speculations and Predictions

Whispers suggest a 20% boost to the FY26 defence budget (from ₹6.81 lakh crore to ₹8.17 lakh crore), with R&D allocation rising to ₹35,000-40,000 crore—a major long-term win for innovation. However, the 7th Pay Commission could divert funds to salaries and pensions. Predictions emphasize needs for procurement reforms, larger orders to build ecosystems, and mission-mode R&D focus. Capex must rise by ₹45,000 crore for meaningful impact.