-Business Standard We should work in unison to boost growth: FM Even as the Centre harped on devolving higher share of funds to states following the recommendations of the 14th finance commission, the latter demanded that they be given more money and the Union government should retain its share of funding for centrally-sponsored schemes in the upcoming Budget. At the pre-Budget meeting with Finance Minister Arun Jaitley on Saturday, states also sought more...
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Bigger rural outlay to power growth: FM
-The Hindu Business Line 10 years on, MGNREGA to get more funds New Delhi: Barely three weeks ahead of Budget 2016-17, Finance Minister Arun Jaitley indicated that the government could increase budgetary allocations for rural and social schemes like the Mahatma Gandhi National Rural Employment Guarantee Act. The allocation may be even higher than the ₹35,000 crore allocated in 2015-16. “One engine to grow further, despite the global slowdown that has also impacted our exports, can...
More »10 years of rural job guarantee scheme: Congress, BJP spar over MGNREGA ‘success’
-The Indian Express Jaitley says UPA govt left scheme in ‘pitiable’ state, Manmohan says Modi govt killed its ‘soul and spirit’ The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) completed 10 years on Tuesday, sparking a political slugfest as both the Congress and the BJP rushed to take credit for its “success”. While Finance Minister Arun Jaitley said the Narendra Modi government had given the scheme, allegedly in a “pitiable” state...
More »U-turn on MGNREGA? Now, NDA govt terms scheme cause of 'national pride'
-PTI New Delhi: As MGNREGA completes ten years on Tuesday, Narendra Modi govermment, which earlier appeared critical of the UPA's flagship rural job scheme, on Monday hailed the measure saying the achievements of a decade are a "cause of "national pride and celebration". In a statement, the government also claimed that the last financial year saw a "revival" of the programme and announced that the focus in upcoming years will be towards...
More »Budget 2016: boost likely for job schemes -Arup Roychoudhury
-Business Standard Also for other programme impacting the non-urban economy, in the wake of two years of partial drought The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) seems likely to get its highest budgetary allocation since its launch a decade before. This allocation for 2016-17 could cross the previous highs of Rs 40,100 crore in the 2010-11 Budget and Rs 40,000 crore in 2011-12, by then finance minister Pranab Mukherjee. Actual spending...
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