Union Budget Boosts Rural Development Fund: Focus on Prosperity and Employment

The Union Budget for 2025-26 allocated Rs 1.88 lakh crore to the Rural Development Ministry, marking a 5.75% increase. The Mahatma Gandhi National Rural Development Scheme, among other programs, continues to receive substantial funding. A new 'Rural Prosperity and Resilience' initiative aims to enhance rural economies and employment opportunities.

In a significant financial gesture, the Union Budget for 2025-26 has earmarked Rs 1.88 lakh crore for the Rural Development Ministry, representing a roughly 5.75% increase from the previous year.

The Mahatma Gandhi National Rural Employment Guarantee Scheme will maintain its Rs 86,000 crore funding, sustaining its mission of providing 100 days of wage employment.

A new initiative, 'Rural Prosperity and Resilience,' announced by Finance Minister Nirmala Sitharaman, aims to alleviate rural underemployment by leveraging technology and investments, with a special focus on rural women and youth.

(With inputs from agencies.)