VB-G RAM G: The Future of Rural Development
The VB-G RAM G scheme, replacing MGNREGA, now forms 40% of the Department of Rural Development's budget, with Rs 95,692 crore allocated. Other significant allocations include PMAY-G at 23%, MGNREGS at 12%, and PMGSY at 8%. Budget increases reflect an emphasis on rural development initiatives.
- Country:
- India
The VB-G RAM G scheme, slated to replace MGNREGA, occupies a substantial portion of the Department of Rural Development's budget, capturing a 40% share, according to a report. An analysis of the budget by PRS Legislative Research highlights that Rs 95,692 crore has been earmarked for VB-G RAM G, marking a pivotal move in rural development funding.
This year's budget allocation exhibits a significant emphasis on other major schemes such as PMAY-G, which claims 23% of the budget; MGNREGS at 12%; NRLM and PMGSY each at 8%; and NSAP at 4%. By 2026-27, VB-G RAM G and PMAY-G will collectively account for 63% of the ministry's gross expenditure, showcasing a strategic shift towards comprehensive development.
The budget for the Ministry of Rural Development has increased by 4% to Rs 1,97,023 crore, as compared to the previous year. Notably, the allocation for the MGNREGS has seen a drastic reduction, now only Rs 30,000 crore, a 66% decrease. Meanwhile, increased funding for PMAY-G and PMGSY highlights a renewed focus on rural housing and infrastructure.
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