Rural, Agriculture and Allied sectors in Budget 2017-18

By | February 1, 2017
(Last Updated On: February 1, 2017)
Rural, Agriculture and Allied sectors to get about Rupees, One Lakh 87 thousand crore in the Budget 2017-18 , 24 % higher than the previous year

Centre announces Mission Antyodaya to bring 1 crore households and 50 thousand Gram Panchayats out of poverty by 2019

MGNREGA gets the highest ever allocation of Rs 48,000 crore

100% village electrification would be achieved by 1st May 2018

The Finance Minister Shri Jaitley said that the pace of construction of Pradhan Mantri Gram Sadak Yojana, (PMGSY) roads has accelerated to reach 133 km roads per day in 2016-17, as against an average of 73 km during the period 2011-2014. He said, that the Government is committed to complete the current target under PMGSY by 2019 and a sum of Rs 19,000 crore has been provided in 2017-18 for this scheme. He said that one crore houses would be completed by 2019 for the houseless and those living in kutcha houses as the Government has stepped up the allocation for Pradhan Mantri Awaas Yojana – Gramin from Rs 15,000 crores in BE 2016-17 to Rs 23,000 crores in 2017-18. Shri Jaitley expressed the hope that 100% village electrification would be achieved by 1st May 2018 and he added that an increased allocation of Rs 4,814 crores has been proposed under the Deendayal Upadhyaya Gram Jyoti Yojana in 2017-18.

The Finance Minister Shri Jaitley said that the Government has proposed to increase the allocations for Deendayal Antyodaya Yojana- National Rural Livelihood Mission for promotion of skill development and livelihood opportunities for people in rural areas to Rs 4,500 crore in 2017-18. The allocation for Prime Minister’s Employment Generation Programme (PMEGP) and Credit Support Schemes has been increased more than 3 times. The Finance Minister informed the members that the Swachh Bharat Mission (Gramin) has made tremendous progress in promoting safe sanitation and ending open defecation. Sanitation coverage in rural India has gone up from 42% in October 2014 to about 60% and such villages are now being given priority for piped water supply. He said, for imparting new skills to the people in the rural areas, mason training will be provided to 5 lakh persons by 2022, with an immediate target of training at least 20,000 persons by 2017-18.

Related Post on Budget 2017-18

Budget Speech 2017-18 -Download /Print

Finance Bill 2016

Memorandum Explaining Provisions in Finance Bill 2016

Updates  on Union Budget 2017-18

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