More Fund­ing Makes for Bet­ter Vil­lage Life

The Economic Times - - Front Page - Ruchika.Chi­tra­van­shi@ times­

New Delhi: The gov­ern­ment has com­mit­ted a record ₹ 3.96 lakh crore for in­fra­struc­ture and gen­er­ously set aside more funds for ru­ral ar­eas, elec­tri­fi­ca­tion, ir­ri­ga­tion and em­ploy­ment with an aim of lift­ing 10 mil­lion ru­ral house­holds out of poverty.

Fi­nance min­is­ter Arun Jait­ley pro­posed raising ru­ral sec­tor al­lo­ca­tion 12% to ₹ 1,28,560 crore and said a com­pos­ite poverty in­dex will mon­i­tor progress of gram pan­chay­ats from the base­line. Al­lo­ca­tion for the con­struc­tion of houses for ru­ral poor un­der the Prad­han Mantri Awas Yo­jna – Gramin, ear­lier known as the Indira Awas Yo­jana, has jumped to ₹ 23,000 crore from ₹ 15,000 crore in 2016-17. The ru­ral de­vel­op­ment min­istry has set a tar­get of build­ing 10 mil­lion houses by 2019 for the home­less and those liv­ing in ‘kuchcha’ houses.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.