ThePrint CutTheClutter: Surprising findings of reality check on India’s defence budget under Modi & UPA,& Naravane book row
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Feb 2, 2026 A reality check on India’s defence budget, highlighting capital outlay versus revenue expenses. Trends across governments and how pensions and accounting changes squeezed capital spending. Shifts in thinking after the China standoff and Operation Sindhu. The controversy around a recent memoir from a retired military chief and its place in global norms.
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Capital Outlay Fully Utilised After Years
- India finally spent its full capital outlay this year after over a decade of returning funds unspent.
- This year’s revised capital spending rose from ₹1.80 lakh crore to ₹1.86 lakh crore and is being fully utilised.
Capital Share Shrunk Despite Bigger Budgets
- Despite higher capital numbers, the share of capital outlay within the total defence budget has fallen under the Modi government.
- Pensions and salaries consume a growing slice, leaving a smaller percentage for acquisitions.
Budget Jumps Track Crises, Not Parties
- Defence spending rises vary year to year and reflect events, not just political ideology.
- Large jumps followed crises like Kargil and 26/11, showing needs-driven budgeting across governments.
