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@article{174903,
        author = {Shaik Ruhin and Yadalla Venkata Hrushikesh},
        title = {India’s Defence Budget 2025-26: Financial Overview, Challenges, and Modernization Initiatives"},
        journal = {International Journal of Innovative Research in Technology},
        year = {2025},
        volume = {11},
        number = {11},
        pages = {877-885},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=174903},
        abstract = {The Ministry of Defence formulates policies related to defence and security and oversees their implementation by the armed forces, including the Army, Navy, and Air Force. Additionally, it manages defence production units such as public sector undertakings, research and development organizations, and support services like the Armed Forces Medical Services. This analysis examines budgetary allocations and expenditure patterns within the Ministry. It also highlights key concerns, including the declining defence expenditure as a percentage of GDP, the significant portion of the budget allocated to pensions, continued dependence on imports for defence equipment, and delays in the indigenous development of military hardware.},
        keywords = {},
        month = {April},
        }