Union Minister for Rural Development and Agriculture & Farmers’ Welfare Shivraj Singh Chouhan on Monday described the Union Budget 2026–27 as “historic” and “unprecedented”, saying it lays a strong foundation for building a self-reliant and developed India under the leadership of Prime Minister Narendra Modi.
He noted that the Budget marks the 12th presentation under PM Modi’s tenure and the ninth consecutive Budget presented by Finance Minister Nirmala Sitharaman, making her the first woman to achieve the feat.
Chouhan said the Budget prioritises villages, farmers, women, youth and the poor, calling it a blueprint for inclusive growth and social prosperity. He emphasised that the government’s focus remains on reducing poverty and promoting self-reliance in rural India.
Focus on women empowerment and entrepreneurship
Highlighting women-centric initiatives, the Minister said the success of the ‘Lakhpati Didi’ scheme will be expanded through ‘SHE-Mart’, under which community-owned retail outlets will be set up in every district. These outlets will help Self-Help Groups and rural women sell their products and transition from subsistence activities to entrepreneurship.
Higher allocation for rural development
The Rural Development Ministry’s budget has been increased by 21 per cent this year. Combined allocations for rural development and agriculture have crossed ?4.35 lakh crore, signalling strong government commitment to villages and farmers.
Under the ‘Viksit Bharat G Ram G’ scheme, more than ?1.51 lakh crore has been earmarked, including states’ contributions. For MGNREGA, the Centre’s share has been raised to over ?95,692 crore, with total allocations exceeding ?1.51 lakh crore.
Direct support to panchayats
Chouhan said over ?55,900 crore will be directly transferred to panchayats as recommended by the Finance Commission. He noted that total direct transfers to panchayats have nearly doubled compared to the previous five-year period.
Boost for agriculture and research
The agriculture budget has been increased to ?1,32,561 crore, with ?9,967 crore allocated for agricultural education and research, particularly for the Indian Council of Agricultural Research.
To ensure affordable fertilisers, the government has provided a subsidy of ?1.70 lakh crore, aimed at reducing input costs for farmers.
Support for fibre crops and medicinal plants
The Budget also introduces targeted support under the National Fibre Scheme for silk, wool and jute farmers. Certification and export provisions for medicinal plants under the AYUSH Ministry are expected to boost farmers’ incomes. Additionally, the government has proposed measures to promote high-value crops such as coconut, cocoa, cashew and sandalwood, alongside improved fruit and vegetable supply chains.
Chouhan said these measures will help create employment, strengthen rural infrastructure and accelerate the journey towards developed, self-reliant villages.