More Funding Makes for Better Village Life
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.