(The Gist of Kurukshetra) RURAL DEVELOPMENT AND THE INTERIM BUDGET 2019-20 [MARCH-2019]


(The Gist of Kurukshetra) RURAL DEVELOPMENT AND THE INTERIM BUDGET 2019-20

[MARCH-2019]


RURAL DEVELOPMENT AND THE INTERIM BUDGET 2019-20

  •  Under Pradhan Mantri Kisan Samman Nidhi Yojana { PM-KISAN), vulnerable landholding farmer families, having cultivable land upto 2 hectares, will be provided direct income support at the rate of Rs, 6,000 per year This income support will be transferred directly into the bank accounts of beneficiary farmers, in three equal instalments of Rs. 2,000 each. It is expected to benefit 12 crore small and marginal farmers.
  •  Outlay for Rashtriya Gokul Mission increased to Rs. 750 crore.
  •  Rashtriya Kamdhenu Aayog to be set up for sustainable genetic up-gradation of the Cow resources.
  •  New separate Department of Fisheries for welfare of 1.5 crore fishermen.
  •  2 percent interest subvention to Farmers for Animal husbandry and Fisheries activities; additional 3 percent in case of timely repayment.
  •  Interest subvention of 2 per cent during disaster will now be provided for the entire period of reschedulement of loan.
  •  Pradhan Mantri Shram Yogi Maandhan scheme to ensure fixed monthly pension to 10 crore unorganized sector workers, Rs. 3,000 per month after 60 years of age with an affordable contribution of only Rs 100/55 per month.
  •  22nd AIIMS to be set up in Haryana.
  •  Rs. 60,000 crore allocation for MGNREGA in BE 2019-20.
  •  National Education Mission allocation increased by about 20 per cent to Rs. 38,572 crore in BE 2019-20.
  •  25 per cent additional seats in educational institutions to meet the 10 per cent reservation for the poor.
  •  10 percent reservation for the poor in educational institutions and government jobs.
  •  Allocation for Integrated Child Development Scheme (ICDS) increased by over 18 per cent to Rs. 27,584 crore in BE 2019-20.
  •  Allocation for SCs increased by 35.6 per cent - from Rs. 56,619 crore in BE 2018-19 to Rs. 76,801 crore in BE for 2019-20. Allocation for the STs increased by 28 percent – from 39,135 crore in BE 2018-19 to Rs. 50,086 crore in 2019-20 BE.
  •  Targeted expenditure to bridge urban-rural divide and to improve quality of life in villages. All willing households to be provided electricity connections by March 2019.
  •  New Welfare Development Board under Ministry of Social Justice and Empowerment for development and welfare of Denotified nomadic and semi nomadic tribes. 2 percent interest subvention on an incremental loan of Rs.1 crore for GST registered SMEs. At least 3 percent of the 25 per cent sourcing for the Government undertakings will be from women owned SMEs.
  •  The Government to make 1 lakh villages into Digital Villages over next five years.

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