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Flagship schemes set for FinMin review
Mint Mumbai
|September 10, 2025
The ELI Scheme, approved in July this year, is backed by nearly ₹1 trillion to create over 35 million jobs
scheme, one of India's largest social safety nets, was allocated ₹86,000 crore for FY26, unchanged from the previous year. The scheme, which provides 100 days of guaranteed wage employment to rural households seeking unskilled work, has long been central to livelihood security in the countryside, though economists say stagnant funding may constrain its effectiveness amid rising demand.
The PM Vishwakarma scheme, launched in 2023 to support artisans and craftspeople, received ₹5,100 crore for 2025-26, as part of a broader five-year outlay of ₹13,000 crore. Similarly, the restructured PM SVANidhi programme, which provides loans to street vendors, has a total allocation of ₹7,332 crore with lending extended to March 2030.
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