West Bengal Government Allocates ₹36,000 Crore to Annapurna Yojana for 1 Crore Beneficiaries

Written by: Team Angel OneUpdated on: 22 Jun 2026, 11:08 pm IST
West Bengal allocates ₹36,000 crore to Annapurna Yojana in budget, lowering beneficiary target to 1 crore from 2.4 crore under previous government.
West Bengal Government Allocates ₹36,000 Crore to Annapurna Yojana
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The government in West Bengal has allocated ₹36,000 crore for the Annapurna Yojana in its 2026-27 budget, aimed at reaching 1 crore beneficiaries.  

This budget marked a decrease from the previous regime’s Lakshmir Bhandar scheme, which reportedly supported 2.4 crore women. 

Revised Beneficiary Target for Annapurna Yojana 

On June 22, 2026, Finance Minister Swapan Dasgupta announced a ₹36,000 crore allocation for Annapurna Yojana as part of the state’s first full budget for the fiscal year 2026-27.  

The revised programme aims to provide ₹3,000 per month to 1 crore women, contrasting sharply with the 2.4 crore beneficiaries of its predecessor, Lakshmir Bhandar.  

The reduction is attributed to enhanced eligibility criteria and verification processes to improve benefit delivery and fiscal sustainability. 

Comparison to Lakshmir Bhandar Scheme 

Pioneered in 2021 by the former government, Lakshmir Bhandar was highly popular, delivering monthly financial assistance to millions of women.  

The Annapurna Yojana, though reducing its beneficiary count, retains the core objective of financial support, but under revised terms and increased assistance levels. 

Recent Developments in West Bengal 

During the election campaign, the present government pledged to streamline welfare delivery through modifications to the scheme. Upon taking charge, they introduced stringent verification, claiming to have removed around 30 lakh unqualified beneficiaries through a thorough vetting process. 

Read More: Government to Disburse Nearly ₹2,400 Crore Under PM-VBRY Incentives Scheme on June 19, 2026! 

Fiscal Implications and Further Goals 

The allocation to Annapurna Yojana forms a critical segment of the government’s welfare expenses while addressing fiscal health challenges. The budget addressed existing liabilities while ensuring continued support through efficient resource allocation. 

Conclusion 

The West Bengal government has restructured financial assistance to women through the ₹36,000 crore Annapurna Yojana, targeting 1 crore beneficiaries compared to the previous scheme that supported 2.4 crore women. This move aims at optimised welfare delivery and sustainability. 

For daily market updates and regular stock market news in Hindi, stay tuned to Angel One's share market news in Hindi. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jun 22, 2026, 5:38 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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