Fighter Jet Deal in Budget? Sitharaman's Role & Defence Procurement Explained
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News18•01-02-2026, 05:06
Fighter Jet Deal in Budget? Sitharaman's Role & Defence Procurement Explained
- •Finance Minister Nirmala Sitharaman will present her ninth consecutive budget on February 1, with high hopes for growth acceleration.
- •Media reports speculate an announcement regarding Russia's Sukhoi-57 (SU-57) fighter jet deal, but this is unlikely during the budget speech.
- •The Finance Minister allocates a lump sum 'Capital Outlay' for defence modernization, not specific weapon purchases.
- •Actual weapon procurement announcements are made by the Ministry of Defence (MoD) after Defence Acquisition Council (DAC) approval.
- •Major deals, like the 114 Rafale deal, require approval from the Cabinet Committee on Security (CCS), chaired by the Prime Minister.
Why It Matters: Finance Minister allocates defence funds; MoD handles specific fighter jet procurement announcements.
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