On rural employment, the Expenditure Secretary highlighted that the Budget has allocated Rs 95,000 crore for the Viksit Bharat - Guarantee for Rozgar and Ajeevika Mission (Gramin), a new wage employment scheme that will replace MGNREGA. "The allocation is based on estimates prepared at the t
India's 2026-27 Union Budget reinforces a "whole-of-country" approach to industrial development, with a strong emphasis on public-private collaboration in strategic sectors such as semiconductors, rail infrastructure and rare earths, V. Vualnam, Secretary, Department of Expenditure, Minis