No mention in speech but Rs 95K cr to VB-G RAM G, Pg15

Key Highlights:

• The Vikshit Bharat-Guarantee for Rozgar and Ajeevika Mission (VB-GRAM G) scheme will replace MGNREGS with an allocation of Rs 95,692.31 crore for FY 2026-27.
• MGNREGS receives Rs 30,000 crore for the next financial year, totaling Rs 1,25,692.31 crore for rural job programs.
• MGNREGS allocation is revised to Rs 88,000 crore for the current financial year from the initial Rs 86,000 crore.
• The VB-GRAM G Act, 2025 was enacted in December, replacing the MGNREGA, 2005.
• PMAY-G allocation is drastically cut to Rs 32,500 crore at the RE stage for the current financial year, but gets Rs 54,916.7 crore for FY 2026-27.

Detailed Insights:

• The VB-GRAM G scheme differs from MGNREGS as it is a Centrally sponsored scheme with a 60:40 fund-sharing ratio between the Centre and States.
• VB-GRAM G aims to provide a statutory guarantee of 125 days of wage employment to every rural household undertaking unskilled manual work.
• Under MGNREGS, 5.01 crore families have availed unskilled work till February 1 during the current financial year 2025-26.
• PMGSY allocation was revised to Rs 11,000 crore in the RE, down from Rs 19,000 crore for BE 2025-26, but is back at Rs 19,000 crore for FY 2026-27.
• DAY-NRLM allocation was revised downward to Rs 16,000 crore in the RE from Rs 19,005 crore in BE 2025-26, and is now Rs 19,200 crore for the next financial year.
• NSAP, including pension schemes, is allocated Rs 9,671 crore for the next financial year, slightly up from the current year's Rs 9,652 crore.

Key Concepts Involved:

• MGNREGS: Aims to enhance livelihood security of households in rural areas of the country by providing at least one hundred days of guaranteed wage employment in a financial year to every household whose adult members volunteer to do unskilled manual work.
• Centrally Sponsored Scheme: Implemented by state governments but are partly funded by the central government.
• PMAY-G: Aims to provide affordable housing to rural poor.
• NSAP: Provides financial assistance to the elderly, widows, and persons with disabilities in the form of social pensions.