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Union budget set for welfare boost and rural spending jump Care Ratings flags 75000 crore

Economy
Published on 24 April 2026
Union budget set for welfare boost and rural spending jump Care Ratings flags 75000 crore

Revenue spending could rise by Rs 75000 crore

Care Ratings says the upcoming Union Budget will aim to lift consumption by increasing welfare allocations and funding rural economic initiatives. It expects revenue expenditure to jump by about Rs 75,000 crore versus prior interim budgets, with higher support for employment guarantee schemes, PM Awas Yojana housing, PM Gram Sadak Yojana rural infrastructure and measures for labor-intensive small businesses.

  • Budget focus: welfare spending to spur consumption
  • Revenue expenditure seen rising by about Rs 75,000 crore
  • Funding likely for jobs housing and rural infrastructure
  • Support expected for labor-intensive small businesses
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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