(GIST OF YOJANA) BUDGET FOR RURAL DEVELOPMENT
BUDGET FOR RURAL DEVELOPMENT
The Union Minister for Finance and Corporate Affairs, announced important
measure to give a boost to livelihoods in rural areas of the country. “As my
proposals outlined indicate, focus of the Government next year will be on
providing maximum livelihood opportunities in the rural areas by spending more
on livelihood, agriculture and allied activities and construction of rural
infrastructure”, the Minister said.
In 2018-19, for creation of livelihood and infrastructure in rural areas,
total amount to be spent by various Ministries will be Rs.14.34. & lakh crore,
including extra-budgetary and non-budgetary resources of Rs.11.98 lakh crore.
Apart from employment due to farming activities and self employment, this
expenditure will l create employment of 321 crore person days, 3.17 lakh
kilometers of rural roads, 51 lakh new rural houses, 1.88 crore toilets, and
provide 1.75 crore new household electric connections besides boosting
Further, the Government substantially increased the allocation of National
Rural Livelihood Mission to Rs. 5750 crore in 2018-19. Loans to Self Help Groups
(SHGs) of women increased to about Rs. 42, 500 crore in 2016-17. growing 37 per
cent over previous year. It is expected that loans to SHGs will increase to Rs
75 ,000 crore by March, 2019.
Strengthening the Ground water irrigation scheme under Prime Minister Krishi
Sinchai Yojana Har Khet ko Pani the Government allocated Rs 2600 crore for this
purpose. This is expected to provide assured irrigation in 96 deprived
irrigation districts where less than 30 per cent of the land holdings get that