Budget 2026-27: New VB-G Ram Ji Scheme Gets Rs 95,692 Crore, MGNREGA Sees Reduced Allocation
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News18•01-02-2026, 16:47
Budget 2026-27: New VB-G Ram Ji Scheme Gets Rs 95,692 Crore, MGNREGA Sees Reduced Allocation
- •Finance Minister Nirmala Sitharaman announced the budget for the financial year 2026-27, introducing the new 'Viksit Bharat - Guarantee for Employment Livelihood Mission (Rural)' (VB-G Ram Ji) scheme.
- •The VB-G Ram Ji scheme has been allocated Rs 95,692.31 crore and promises 125 days of work per year, aiming to replace the two-decade-old MGNREGA.
- •MGNREGA has been provisioned Rs 30,000 crore for 2026-27, a significant reduction from the Rs 88,000 crore spent in 2025-26 (revised estimates).
- •The Ministry of Rural Development's Department of Rural Development received a total allocation of Rs 1,94,368.81 crore, slightly higher than the previous year's revised estimate.
- •Other key allocations include Rs 19,000 crore for PMGSY, Rs 19,200 crore for Deendayal Antyodaya Yojana-National Rural Livelihoods Mission, and Rs 54,916.70 crore for PMAY-G.
Why It Matters: The 2026-27 budget prioritizes the new VB-G Ram Ji scheme with substantial funding, signaling a shift from MGNREGA.
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