India's Finance Ministry asks all ministries for 2027-28 budget inputs

India Nov 06, 2026

India's Finance Ministry is kicking off work on the Union Budget for 2027-28 and has asked all ministries to share their spending needs.

This early step helps decide how much money goes to big areas like defense, infrastructure, health care, and education.

While next year's numbers aren't set yet, the 2026-27 budget gives us a good idea of what matters most to the government.

Defense topped 2026-27 allocations with ₹7.85L/cr

For 2026-27, defense topped the list with ₹7.85 lakh crore, a jump of over 15%.

Infrastructure spending was pushed up to ₹12.2 lakh crore.

Health care saw nearly a 10% increase at ₹1,06,530.42 crore, and education got an 8.27% boost with ₹1,39,289.48 crore split between schools and colleges, showing a steady focus on both primary and higher learning.