Archive · 14 Jan 2026

India's Defence Budget and PSU Reforms

India's Defence Budget and PSU Reforms

India is planning to spend more money on defence and other important areas in the upcoming budget.

The government wants to make the country stronger and more self-reliant.

They are also planning to make changes to public sector banks, like merging smaller banks to create bigger and stronger ones.

This is to help the economy grow in a healthy way.

The budget will focus on areas like defence, infrastructure, and healthcare, and there won't be any big changes in taxes or populist measures.

The government is also looking to sell parts of some big companies, like LIC, to the private sector.

All these changes are aimed at making India's economy stronger and more competitive.

Sources