SBI Research

“UP could see a notional increase of about Rs 5,568 crore, while Maharashtra could gain around Rs 4,284 crore.”

“Chhattisgarh, Gujarat and Bihar follow, with estimated gains of Rs 1,609 crore, Rs 1,336 crore and Rs 1,152 crore, respectively.”

“The overall simulated gain for states is around Rs 16,946 crore.”

“In its FY25 analysis, it estimated that spending levels could potentially have supported employment for around 81 lakh households in UP, compared with 65.3 lakh households actually employed.”

“The SBI simulation puts Tamil Nadu's notional allocation Rs 909 crore below its historical average. However, the report says that if an unusual 29% rise in allocation in FY24 is excluded, the estimat…”

“SBI Research estimates that the annual requirement for wages, materials and administration under VB-G RAM G could be around Rs 1.51 lakh crore, including the state contribution.”

“The estimated Centre share alone is around Rs 95,692 crore, about 11% higher than the Rs 86,000 crore MGNREGA budget allocation for FY26.”