**Executive Summary**
Union Minister Shri Shivraj Singh Chouhan has lauded the Union Budget 2026-27 as "historic and unprecedented," emphasizing its role in building a self-reliant India by 2047. The budget includes significant increases in allocations for rural development and agriculture, focusing on farmers, villages, and women's empowerment. Key dates or deadlines are not mentioned.
**Key Points / Main Content**
* **Overall Budget Highlights:**
* The Union Budget 2026-27 is framed as a dynamic budget for a Developed India (Viksit Bharat).
* It focuses on social prosperity and fulfilment of national resolve.
* **Rural Development:**
* There is a notable 21% increase in the Rural Development Ministry budget.
* The combined budget of the Rural Development and Agriculture ministries has crossed ₹4,35,779 crore.
* ₹1.51 lakh crore is allocated to the 'Viksit Bharat G Ram G' scheme, including states' contributions.
* The central government's share of MGNREGA has increased to over ₹95,692 crore.
* **Agriculture and Farmers:**
* The agriculture budget is ₹1.32 lakh crore, focused on farmers' progress and development.
* Over ₹1.70 lakh crore is allocated as a fertiliser subsidy to reduce farmers' input costs.
* ₹9,967 crore is provisioned for agricultural education and research, particularly for ICAR.
* The National Fibre Scheme will focus on fibres like silk, wool, and jute.
* Provisions will be made for high-value crops like coconut, cocoa, cashew, and sandalwood, including the rejuvenation of old coconut plantations and planting new orchards.
* **Panchayats and Villages:**
* Over ₹55,900 crore will be transferred directly to panchayats under the 16th Finance Commission.
* Panchayats had received around ₹2.36 lakh crore directly during the earlier five years, which has now increased to about ₹4.35 lakh crore.
* **Women Empowerment:**
* The budget aims to promote self-help entrepreneurs through the ‘SHE-Mart’ initiative.
* Community-owned retail outlets will be established in every district for women to sell products made by Self-Help Groups and rural women.
**Impact Analysis**
**Villages, the Poor, Farmers, Youth and Women**
* **Impact:** Beneficiaries of schemes aimed at poverty reduction and self-reliance. The budget is framed keeping in mind villages, the poor, farmers, youth and women.
* **Action Required:** Utilize allocated resources and participate in the various schemes and initiatives aimed at their development and empowerment.
**Farmers**
* **Impact:** Benefit from the agriculture budget increase and fertilizer subsidy. They will also benefit from focus on National Fibre Scheme.
* **Action Required:** Utilise opportunities to boost production and improve access to markets.
**Rural Women Entrepreneurs**
* **Impact:** Benefit from the 'SHE-Mart' initiative and new retail opportunities.
* **Action Required:** Engage in Self-Help Groups and utilize the community-owned retail outlets to sell products.
**Panchayats**
* **Impact:** Increased direct financial assistance to develop villages.
* **Action Required:** Effectively manage the increased funds to build developed, self-reliant, employment-oriented and poverty-free villages.
Key Entities Referenced
Union Budget 2026-27: The central government's financial plan for the fiscal year 2026-2027. The budget outlines government revenue, expenditure, and fiscal policies.
Ministry of Rural Development: Union ministry responsible for the development and welfare of rural areas in India, and the execution of rural development programs.
Viksit Bharat G Ram G scheme: A scheme with a substantial allocation within the Rural Development budget, aiming to develop developed villages.
Lakhpati Didi scheme: A scheme focused on rural women entrepreneurship that leads to the creation of 'SHE-Mart'.
SHE-Mart: Community-owned retail outlets established in every district, functioning as a platform for Self-Help Groups to sell their products and access new markets.
Ministry of Rural Development
Union Budget 2026–27 historic and
unprecedented”: Shri Shivraj Singh Chouhan
A dynamic Budget for a Developed India (Viksit Bharat):
Union Minister Shri Shivraj Singh Chouhan
Notable 21% increase in Rural Development ministry Budget:
Shri Shivraj Singh Chouhan
Agriculture Budget at ₹1.32 lakh crore, focused on farmers’
progress and development
More than ₹1.70 lakh crore fertiliser subsidy to reduce
farmers’ input costs
प्रव तथ: 01 FEB 2026 6:58PM by PIB Delhi
Union Minister for Rural Development, and Agriculture & Farmers’ Welfare, Shri Shivraj Singh
Chouhan today described the Union Budget 2026–27 as “historic” and “unprecedented”, saying that it lays
a strong foundation for a developed and self-reliant India under the leadership of Prime Minister Shri
Narendra Modi. Shri Chouhan said the Budget has been presented for the 12th time under Prime Minister
Modi’s leadership and that Smt. Nirmala Sitharaman has become the first woman Finance Minister to
present the Union Budget for the ninth consecutive time, which he said is a matter of immense pride for
the country.“This Union Budget is an epic that will realise the dream of a Developed India (Viksit Bharat). It is a
Budget for social prosperity and fulfilment of national resolve. It is a dynamic Budget for a Developed
India. Inspired by the Prime Minister’s foresight and vision, this Budget is laying a strong foundation for a
self-reliant, empowered and prosperous India by 2047. This Budget is writing a new chapter by bringing
about transformative change in the lives of farmers, youth, women and the poor — the four pillars of the
nation,” Shri Chouhan said.
A budget for villages, the poor, farmers, youth and women
The Union Minister said the Budget has been framed keeping in mind villages, the poor, farmers, youth
and women. He said poverty has been steadily declining due to schemes being implemented under Prime
Minister Modi’s leadership and that this Union Budget is extremely important from the perspective of
making the poor self-reliant.
‘Lakhpati Didi’ and ‘SHE-Mart’: A major step towards making rural women entrepreneurs
Shri Chouhan said that taking forward the success of the ‘Lakhpati Didi’ scheme, the Union Budget has
made provisions for Self-Help Entrepreneurs through ‘SHE-Mart’. Under this initiative, community-
owned retail outlets will be established in every district as a platform to sell products made by women,
where items produced by Self-Help Groups and rural women will get access to new markets. He said
women engaged in animal husbandry, agriculture-related activities and other occupations will no longer
remain limited to subsistence livelihoods but will move forward as entrepreneurs, which is the core
objective of this initiative.21% increase in Rural Development budget
The Union Minister said the budget of the Rural Development Ministry has been increased by 21 per cent
this year. He stated that when the budgets of the rural development and agriculture departments are viewed
together, the combined budget of the Rural Development and Agriculture ministries has now crossed
₹4,35,779 crore, reflecting the government’s commitment to villages and farmers.
Shri Chouhan said that within the overall Rural Development budget, a provision of over ₹1.51 lakh crore,
including states’ contributions, has been made for the ‘Viksit Bharat G Ram G’ scheme alone. Speaking
about MGNREGA, he said that earlier the overall MGNREGA budget was around ₹86,000 crore, while
this time the Centre’s share alone has been increased to more than ₹95,692 crore. With the addition of the
states’ share, the total allocation will exceed ₹1.51 lakh crore, which he described as “historic and
unprecedented”.
Double direct assistance to panchayats, a major step towards developed and self-reliant villages
Shri Chouhan said that under the latest decision of the 16th Finance Commission, more than ₹55,900
crore will be transferred directly to panchayats. Drawing a comparison, the Union Minister said that
during the earlier five years, panchayats had received around ₹2.36 lakh crore directly, which has now
increased to about ₹4.35 lakh crore — almost double.
The Minister expressed confidence that the ₹1.51 lakh crore allocation under the ‘Viksit Bharat G Ram G’
scheme, together with ₹55,900 crore to be received under the Finance Commission, will play an
unprecedented role in building developed, self-reliant, employment-oriented and poverty-free villages.
Significant rise in agriculture budget, strong focus on research and affordable fertilisers
Speaking on the agriculture sector, Union Minister Shri Shivraj Singh Chouhan said the agriculture
department’s budget has been increased to ₹1,32,561 crore this year. He said a provision of ₹9,967 crore
has been made for agricultural education and research, particularly for the Indian Council of Agricultural
Research (ICAR), which will strengthen research and innovation.
On fertiliser subsidy, he said that to ensure the availability of affordable fertilisers, a subsidy of ₹1,70,944
crore has been provided so that production costs are reduced and farmers get relief.
Direct benefits to farmers through National Fibre Scheme and medicinal plants
Shri Shivraj Singh Chouhan said that under the National Fibre Scheme, focus has been placed on fibres
such as silk, wool and jute, which will provide direct benefits to farmers associated with these sectors. He
also said that provisions related to the certification and export of medicinal plants under the Ministry of
AYUSH will help increase the income of farmers cultivating medicinal plants.
The Union Minister said that along with traditional crops, clear provisions have been made for high-value
crops such as coconut, cocoa, cashew and sandalwood. Arrangements have been made in the Budget for
the rejuvenation of old coconut plantations and for planting new orchards. Shri Chouhan added that
separate provisions have been made to increase the production of fruits and vegetables and to ensure their
easy movement to consumers, so that farmers get better prices and consumers get easier access.
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