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Current Affairs & GKPIB29 June 2026

Raksha Mantri unveils Delegation of Financial Powers to DRDO (DFP-2026)

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๐Ÿ“Œ 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

๐ŸŽฏ UPSC Relevance: GS3 (Science & Technology / Defence) โ€” indigenisation of defence technology, R&D ecosystem reform, and self-reliance (Aatmanirbhar Bharat) in strategic sectors.

๐Ÿ“ 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

๐Ÿ”‘ 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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