The allocation for the agriculture sector has been increased by 8% to Rs. 1.5 trillion in the Union Budget 2026.

GK and monthly revision
Union Budget 2026 raises farm allocation but cuts crop insurance, keeps key schemes underfunded
The Union Budget 2026 has increased the allocation for the agriculture sector, but has cut funding for crop insurance schemes and underfunded key agricultural missions. This indicates a lack of commitment to agricultural transformation, which is a crucial issue for India's economic development and food security. The changes in budget allocations will impact various competitive exams, particularly those related to the public sector and government policies.
Revision structure
Key points
Exam-ready takeaways
Funding for the Pradhan Mantri Fasal Bima Yojana (PMFBY), the government's flagship crop insurance scheme, has been reduced by 15% to Rs. 15,000 crore.
The Paramparagat Krishi Vikas Yojana, a scheme to promote organic farming, has been allocated Rs. 500 crore, which is 20% less than the previous year.
The Rashtriya Krishi Vikas Yojana, a scheme to strengthen agricultural infrastructure, has been allocated Rs. 3,500 crore, which is 10% less than the previous year.
The government has shelved the previously announced National Bamboo Mission and the Organic Farming Mission, indicating a lack of commitment to agricultural transformation.
How to study
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Revise monthly events by exam family instead of reading random updates.
Pair one-liners with mock tests so mistakes become the next revision list.
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