Categories: BUSINESS

2026–27 Rural Development Budget: VB-G RAM G gets 40% of funds; MGNREGS sees 66% cut

A new rural employment scheme, VB-G RAM G, has secured the largest budget share, overshadowing MGNREGA with a significant allocation. While MGNREGA faces a sharp funding cut, other key rural development projects like PMAY-G and PMGSY have seen substantial increases. The shift in fund-sharing for VB-G RAM G could impact state government spending.
Sumitra

Recent Posts

India moves to block imports linked to forced labour amid USTR probe

India is inserting a new clause into its foreign trade policy. This clause will allow…

22 hours ago

US eases Russia sanctions bill, cuts tariff threat on India and China from 500% to 100%

US senators unveiled a revised Russia sanctions bill targeting major energy buyers. This legislation seeks…

22 hours ago

Renewable energy boost: Aditya Birla Group to buy Shell-backed Sprng Energy; deal worth $1.8 billion

The acquisition will bring nearly 5 gigawatt-peak (GWp) of contracted renewable energy capacity into ABRen's…

2 days ago

Donald Trump announces 20% toll on ships in Strait of Hormuz; to ‘reinstate’ Iran blockade

Trump's announcement comes after another major exchange of fire cast fresh uncertainty over efforts to…

2 days ago

Oil companies plan expanding 10-kg LPG cylinder sales

State-run oil companies are considering expanding lightweight 10-kg LPG cylinders for commercial use. These cylinders…

3 days ago

Four top-10 firms add Rs 93,000 crore in mcap despite weak market; HDFC Bank, Airtel lead gains

Four of India's top ten companies added significant market value last week. HDFC Bank and…

3 days ago