Gender Budget Statement was first introduced in Budget 2005-06. The rationale of Gender Budgeting arises from the recognition of the fact that the national budget impacts various sections of the society differently, through the pattern of resource allocation and priority accorded to competing sectors. This paper highlights the status of women in India, the magnitude of Gender Budgeting in India, the segments of gender budgeting through various ministries, the role played by the ministry of rural development in exercising gender budgeting in general and through MGNREGS in particular and an attempt made to evaluate the impact of employment. The tools used to analyse and interpret the results were trend analysis to project the growth rate, correlation analysis to know the degree of relationship between the variables, paired sign test to bring out the significance of the socio economic variables and Mann-Whitney test to test the hypothesis of social and economic variables. The role played by the Ministry of Rural Development in uplifting the
rural women is apparent as it is evident from the survey that the sample respondents got positive impact both economically and socially. The study further proves that there are positive strides in literacy rates and in the allocation of gender budgeting in India whereas the sex ratio needs to be improved to maintain gender equality in the nation as a whole and it’s time to explore the reasons and to exploit the potentiality of women as a whole for the betterment of empowered and enriched India.