December 29, 2025 1:28 PM

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SBI report says Viksit Bharat G-RAM G Act to make States net gainers of ₹17,000 crore

The Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin): Viksit Bharat – G RAM G Act is likely to make most of the states net gainers of 17 thousand crore rupees as compared to the average allocation of the last seven years. The Act has replaced the twenty-year-old Mahatma Gandhi National Rural Employment Guarantee Act, 2005. According to a research report by the State Bank of India (SBI), the act will improve overall fund distribution to states. 
 
 
The report highlighted that the restructuring of the earlier MGNREGA through the Viksit Bharat G-RAM G framework seeks to integrate transformative practices and strategies. The focus will be on addressing challenges related to competitive project identification, productive asset creation, enhanced income generation, and an efficient monitoring mechanism. Authored by SBI Chief Economic Advisor Dr Soumya Kanti Ghosh, the report pointed out that Viksit Bharat – G RAM G Act aims to address structural weaknesses while strengthening employment generation, transparency, planning, and accountability at all levels.
 
 
During the recently concluded winter session, the Parliament had passed the Viksit Bharat-G RAM G bill. President Droupadi Murmu has also given her assent to the Viksit Bharat-G RAM G Bill, 2025. The act guarantees 125 days of wage employment per rural household from the previous 100 days.