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Current Affairs & GKPIB29 June 2026
Raksha Mantri unveils Delegation of Financial Powers to DRDO (DFP-2026)
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๐ Summary:
- Raksha Mantri Shri Rajnath Singh released the Delegation of Financial Powers to DRDO (DFP-2026) on 29 June 2026
- It is a major reform to enhance efficiency, accountability and timely execution of strategic R&D projects
- DFP-2026 will speed up production and induction of DRDO-developed systems, platforms and technologies into the Defence Forces
- Framework fosters stronger collaboration with industry and academia, reinforcing the Aatmanirbhar Bharat vision in defence
- It significantly enhances functional and financial empowerment at various levels within the Department of Defence R&D
- Includes dedicated financial provisions for trial campaigns, testing and other critical requirements
๐ฏ UPSC Relevance: GS3 (Science & Technology / Defence) โ indigenisation of defence technology, R&D ecosystem reform, and self-reliance (Aatmanirbhar Bharat) in strategic sectors.
๐ Prelims Facts:
- DRDO operates under the Department of Defence R&D, Ministry of Defence
- Reform titled DFP-2026 (Delegation of Financial Powers)
- Released by the Raksha Mantri on 29 June 2026
๐ Key Term: Delegation of Financial Powers (DFP) โ a framework that devolves financial approval authority to lower levels of an organisation to cut delays and improve execution.
DRDODFP-2026defence R&DAatmanirbhar Bharat
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