• About us
  • Contact us
  • Our team
  • Terms of Service
Wednesday, May 20, 2026
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

Budget allocation for rural development ministry up by 12%

Press Trust of india by Press Trust of india
July 23, 2024
in BUSINESS
A A
0
FacebookTwitterWhatsapp

New Delhi: The rural development ministry has been allocated Rs 1,77,566.19 crore in the 2024-25 Union Budget, an around 12 per cent increase from the Rs 1,57,545 crore outlay for the last financial year.

The budget was presented in Parliament on Tuesday by Finance Minister Nirmala Sitharaman.

More News

  UN cuts India’s 2026 GDP forecast to 6.4%

Ladakh admin grants ‘industry’ status to hospitality sector, extends incentives

India, Nordic nations agree to elevate ties to Green Technology and Innovation Strategic Partnership

Load More

However, compared to the revised estimates, a mid-year review of the expenditure done by the ministry which stood at 1,71,069.46 crore, the increase is around 3.7 per cent.

Rural Development Minister Shivraj Singh Chouhan hailed the budget, saying it will help in further development of the rural sector.

The allocation for the flagship 100-day guaranteed wage rural employment programme, Mahatma Gandhi National Rural Development Scheme (MGNREGS), is Rs 86,000 crore, an around 43 per cent increase in allocation from the Rs 60,000 crore made in the last budget.

However, the revised estimates show the total expenditure on the scheme in the last financial year was Rs 86,000 crore, the same as the allocation made for this financial year.

In 2022-23, the government had allocated Rs 73,000 crore for the MGNREGS in the budget, while the actual expenditure, according to the budget document, was Rs 90,805 crore.

The scheme provides guaranteed employment in a financial year to at least one member of every household whose adult member volunteers to do unskilled manual work. It also earmarks at least one-third of jobs for women.

The allocation for the Pradhan Mantri Awas Yojana-Gramin (PMAY-G), under which the government aims to build two crore more rural houses, is Rs. 54,500.14.

For 2023-24, Rs 54,487 crore was provided for the PMAY-G. The revised estimates stand at Rs 32,000 crore, around 41 per cent of the allocated amount.

“It has been decided in the budget to build more houses for the poor, and two crore houses will be built for the poor in rural areas,” Chouhan said.

Sitharaman announced the launch of the fourth phase of the Pradhan Mantri Gram Sadak Yojana (PMGSY) to provide all-weather connectivity to 25,000 rural habitations.

“Phase-four of the PMGSY will be launched to provide all-weather connectivity to 25,000 rural habitations, which have become eligible in view of their population increase,” she said.

The allocation for the flagship scheme in the budget is Rs 12,000 crore, while in 2023-24, Rs 19,000 crore was allocated for it and the revised estimates were Rs 17,000 crore.

The allocation for the National Livelihood Mission-Ajeevika was Rs 15,047 crore, around six per cent more than last year’s allocation of Rs 14,129.17 crore. Revised estimates for the scheme also stands at Rs. 14,129.17 crore.

“This budget will be a new lease of life for the poor. The mission to empower women through the National Rural Livelihood Mission is also being undertaken. This budget will also help in enabling three crore ‘lakhpati didis’ who will earn Rs 1 lakh per annum,” Chouhan said.

He also said for the skill development of the rural youth, training will be provided under Deendayal Upadhyay Skill Development Scheme.

Chouhan said under PM Janjati Unnat Gram Abhiyan scheme for tribal majority areas and aspirational districts, five crore tribal people will benefit.

“The Pradhan Mantri Janjati Unnat Gram Abhiyan will be launched to improve the socio-economic condition of tribal communities. Under the scheme, steps will be taken for complete coverage of tribal families in aspirational districts and tribal-dominated villages. This will benefit five crore tribal people in 63,000 villages,” he said.

 

 

Previous Post

Cartoon

Next Post

Govt will strive to further simplify, rationalise GST tax structure: FM

Press Trust of india

Press Trust of india

Related Posts

  UN cuts India’s 2026 GDP forecast to 6.4%

  UN cuts India’s 2026 GDP forecast to 6.4%
May 20, 2026

United Nations:  The United Nations has revised downward India's economic growth forecast for 2026 to 6.4 per cent from its...

Read moreDetails

Ladakh admin grants ‘industry’ status to hospitality sector, extends incentives

Ladakh admin grants ‘industry’ status to hospitality sector, extends incentives
May 20, 2026

Leh/Jammu:  The Lieutenant Governor Administration of Ladakh has decided to grant 'industry' status to hotels and guest houses registered with...

Read moreDetails

India, Nordic nations agree to elevate ties to Green Technology and Innovation Strategic Partnership

India, Nordic nations agree to elevate ties to Green Technology and Innovation Strategic Partnership
May 20, 2026

Oslo: India and the Nordic countries on Tuesday decided to elevate their relationship to a Green Technology and Innovation Strategic...

Read moreDetails

Chouhan says fertilisers not easily available in international market, pushes for organic farming

Centre to set up Clean Plant facility to provide disease-resistant plants to horticulturists in Kashmir
May 20, 2026

Bhubaneswar:  Union Agriculture Minister Shivraj Singh Chouhan on Tuesday acknowledged challenges in procuring fertilisers from the international market, urging states...

Read moreDetails

RBI discontinues investment fluctuation reserve requirement for banks

RBI holds meeting of Steering Sub Committee of J&K SLBC
May 18, 2026

Mumbai: The Reserve Bank on Monday discontinued the requirement for commercial banks to maintain Investment Fluctuation Reserve (IFR), an additional...

Read moreDetails

India to keep buying Russian oil regardless of US sanctions waivers, says official

Iran Crisis: No immediate oil disruption for India; Russia pivot possible if conflict drags on
May 18, 2026

New Delhi: India has been purchasing Russian oil irrespective of US sanctions waivers and will continue to do so based...

Read moreDetails
Next Post

Govt will strive to further simplify, rationalise GST tax structure: FM

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2025 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2025 Kashmir Images - Designed by GITS.