Consider the following statements with regard to the defence sector in India: 1. The overall defence budget has increased from about ₹2.50 lakh crore in FY 2013-14 to ₹7.80 lakh crore in FY 2026-27. 2. Capital expenditure has risen sharply from about ₹94,000 crore in 2014-15 to more than ₹2.00 lakh crore in 2026-27.
Both 1 and 2
As per the data given in the question, India's overall defence budget is stated to have grown from about ₹2.50 lakh crore in FY 2013-14 to ₹7.80 lakh crore in FY 2026-27, while capital expenditure rose from about ₹94,000 crore in 2014-15 to over ₹2.00 lakh crore in 2026-27. Both trends reflect a steady expansion of India's defence allocation and modernization spending over this period. Hence, both statements are correct.
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