Union Budget: Job guarantee scheme outlay flat at Rs 86k crore, rural housing gets Rs 54k crore, little over FY25

3 hours ago 2

Job warrant  strategy  outlay level  astatine  `86k cr, agrarian  lodging  gets `54k cr, small  implicit    FY25This year, the allocation of MG-NREGS is little arsenic compared to the existent expenditure of Rs 89,153 crore during fiscal twelvemonth 2023-24.

The Mahatma Gandhi National Rural Employment Guarantee Scheme (MG-NREGS) did not spot immoderate alteration successful its budget, with the authorities keeping the agrarian occupation strategy outlay astatine Rs 86,000 crore successful the Union Budget 2025-26.

The Pradhan Mantri Awaas Yojana-Gramin (PMAY-G), which saw a drastic chopped astatine the revised estimates (RE) stage, has besides been allocated astir the aforesaid magnitude arsenic the past year.

This year, the allocation of MG-NREGS is little arsenic compared to the existent expenditure of Rs 89,153 crore during fiscal twelvemonth 2023-24.

Reversing the caller trends of allocating lesser outlay successful fund arsenic compared to erstwhile year’s revised estimates (RE), Finance Minister Nirmala Sitharaman had provided Rs 86,000 crore for the MG-NREGS for fiscal twelvemonth 2024-25 successful her fund past year. However, this higher allocation came during the canvass year, which saw wide elections to the Lok Sabha and elections to respective authorities assemblies.

The NREGS is simply a demand-driven scheme, and the authorities tin allocate further amounts required astatine immoderate clip done supplementary demands of grants. However, a little outlay successful the wide fund sends signals affecting sentiment connected the ground. Therefore, a higher allocation successful the fund whitethorn nonstop affirmative signals to states and districts.

 Job warrant  strategy  outlay level  astatine  Rs 86k crore, agrarian  lodging  gets Rs 54k crore, small  implicit    FY25

Festive offer

For PMAY-G, the Finance Minister has allocated Rs 54,831.99 crore for the fiscal twelvemonth 2025-26, which is simply a small implicit to the existent fiscal year’s BE of Rs 54,500.13 crore. This comes aft agrarian lodging saw a monolithic chopped of 36.83% astatine the RE signifier during the existent fiscal twelvemonth (2024-25).

In the Union Budget 2024-25 presented successful July past year, the authorities had allocated Rs 54,500.13 crore for the PMAY-G, but it was revised downward to 32,426.32 crore successful the RE—a chopped of 36.83%.

Story continues beneath this ad

However, an allocation of Rs 54,831.99 crore has been made for the PMAY-G for the fiscal twelvemonth 2025-26, which is simply a small implicit arsenic compared to the past year’s fund estimates (BE) but a important leap (69%) implicit the RE.

 Job warrant  strategy  outlay level  astatine  Rs 86k crore, agrarian  lodging  gets Rs 54k crore, small  implicit    FY25

Sources accidental that the chopped successful the PMAY-G fund astatine the RE signifier was owed to a hold successful the support of the adjacent signifier of the strategy aft the wide elections and a hold successful the merchandise of funds to respective states.

Launched successful April 2016, the PMAY-G aimed astatine constructing 2.95 crore houses successful agrarian areas. However, aft the Modi authorities voted backmost to powerfulness successful June past year, it extended the strategy till fiscal 2028-29 and acceptable a people of operation of different 2 crore agrarian houses.

Harikishan Sharma, Senior Assistant Editor astatine The Indian Express' National Bureau, specializes successful reporting connected governance, policy, and data. He covers the Prime Minister’s Office and pivotal cardinal ministries, specified arsenic the Ministry of Agriculture & Farmers’ Welfare, Ministry of Cooperation, Ministry of Consumer Affairs, Food and Public Distribution, Ministry of Rural Development, and Ministry of Jal Shakti. His enactment chiefly revolves astir reporting and argumentation analysis. In summation to this, helium authors a play file titled "STATE-ISTICALLY SPEAKING," which is prominently featured connected The Indian Express website. In this column, helium immerses readers successful narratives profoundly rooted successful socio-economic, political, and electoral data, providing insightful perspectives connected these captious aspects of governance and society. ... Read More

© The Indian Express Pvt Ltd

*** Disclaimer: This Article is auto-aggregated by a Rss Api Program and has not been created or edited by Nandigram Times

(Note: This is an unedited and auto-generated story from Syndicated News Rss Api. News.nandigramtimes.com Staff may not have modified or edited the content body.

Please visit the Source Website that deserves the credit and responsibility for creating this content.)

Watch Live | Source Article