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After row over MNREGA name change, Union Budget 2026 announces launch of new scheme in name of Mahatma Gandhi

NEW DELHI: The Union Budget 2026 announced the launch of a new initiative in the name of Mahatma Gandhi days after it came under flak for its decision to change the name of MNREGA (Mahatma Gandhi Rural Employment Guarantee Act) to VB-G RAM G (Viksit Bharat Guarantee for Employment and Livelihood Mission (Rural) Bill).The Union…

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From Rs 10k to Rs 2 lakh: Bihar CM announces top-up for select beneficiaries under women employment scheme | India News

NEW DELHI: Bihar chief minister Nitish Kumar on Thursday announced government’s decision to provide an additional financial assistance of up to Rs 2 lakh to the women beneficiaries under the “Mukhya Mantri Mahila Rojgar” scheme.In a social media post on X, Nitish said that the amount selected beneficiaries in phases, “provided that the amount previously…

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All aboard for UDAN? Regional connectivity scheme revamp awaits cabinet nod; set to back airlines’ losses

India’s regional connectivity scheme is headed for a revamp, awaiting Cabinet’s approval for a plan that would financially support airlines operating on remote routes to cover potential losses. Launched in 2016, the scheme caps fares on half of the seats to make air travel affordable. However, flights to hinterland destinations often remain commercially unviable due…

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Watch: NSUI protests against VB-GRAMG scheme in UP; security tightened in Varanasi, Lucknow | India News

NEW DELHI: Congress student wing NSUI staged protests on Sunday against the VB-GRAMG scheme in several parts of Uttar Pradesh, including Lucknow and Varanasi, with protesters raising slogans against the government and Prime Minister Narendra Modi.In Lucknow, NSUI workers demonstrated against the scheme and were detained by security personnel, visuals shared by ANI showed. Police…

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Union Budget 2026: PLI scheme should be extended to new tech sectors like AI, robotics; here’s what EY India recommends

EY India has recommended to extend the existing Production-Linked Incentive (PLI) scheme to new technology sectors such as AI, space, and robotics, while urging the FY27 Budget to focus on sustaining growth and ensuring tax certainty through a dedicated Customs dispute resolution mechanism. The firm said a forward-looking policy approach would be key to strengthening…

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Senior Citizens Savings Scheme: At 8.2% interest rate, how does SCSS compare to bank FDs, RBI bonds, mutual funds? Explained

SCSS accounts help earn interest payments on a quarterly basis. (AI image) Senior Citizens Savings Scheme or SCSS is a popular Post Office investment and savings scheme for senior citizens and retired individuals. The government-backed scheme is seen as a guaranteed cushion for regular interest income flow, especially for individuals who are looking for high…

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‘Make in India’ Apple iPhone exports hit new milestone! $50 billion mark crossed under PLI scheme; Samsung lags behind

Apple Inc’s manufacturing push in India has resulted in a dramatic surge in iPhone exports, with shipments crossing the $50 billion mark under the production-linked incentive (PLI) scheme period. The milestone was achieved by December 2025, just four years after the world’s second-largest company by market capitalisation joined the smartphone PLI programme in FY22, according…

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Centre pushes states to speed up farm scheme spending, warns of fund delays

File photo: Union minister Shivraj Singh Chauhan (Picture credit: PTI) Union agriculture minister Shivraj Singh Chouhan on Saturday urged states to adopt a strategic approach to budget utilisation, warning that delays in spending allocated funds result in losses for states and hamper the timely release of subsequent central instalments. Addressing a review meeting with state…

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‘Name change is small issue’: Karnataka may scrap G-RAM-G, mulls own rural jobs scheme; minister flags impact on local development | Bengaluru News

BENGALURU: The Karnataka govt is considering rejecting the Centre’s Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Grameen), or G-RAM-G, which has replaced MGNREGA, and is exploring the possibility of rolling out its own rural employment guarantee scheme.“The Cabinet on Friday condemned G-RAM-G, which has snatched the right to work from the people of this…

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Rural ministry sends detailed report on VB-G RAM G scheme to ministers to counter opposition | India News

File photo: Union rural development minister Shivraj Singh Chouhan NEW DELHI: With Congress set to launch a protest against the VB-G RAM G scheme, which replaced the UPA-era MGNREGA, the rural development ministry has sent a detailed report on the new scheme to all central ministers which they can refer to in public meetings to…

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