Budget 2024: Past 5 Years' MGNREGA Outlay 1.7 Times Of Previous 5
While ₹86,000 crore outlay stays, there is room for increase
While ₹86,000 crore outlay stays, there is room for increase
Accelerator fund for agri start-ups, digital public infrastructure for the farm sector, higher agri-credit allocation — digitisation is the way to go.
Rejigging of personal tax rates will lead to increased disposable income in the hands of consumers, which should increase the sales of two-wheelers and entry-level cars, says CRISIL.
A total of 7.2 crore households were provided employment under MGNREGA scheme in FY22 against 5.2 crore in pre-Covid.
Since the govt has already released 72% of its full-year budgeted allocation, it may have to allocate more funds in the range of ₹20,000 cr to ₹30,000 cr under MGNREG in FY23, says the report.
Not only have its wages been delinked from the statutory minimum after 2014, a parliamentary panel flags a general lackadaisical attitude in ensuring a fair treatment.
An analysis suggests that a part of this amount will also go towards clearing the arrears worth ₹21,000 crore that will be pending at the end of FY22.
The huge impact of the pandemic on urban jobs and livelihood calls for an effective and innovative approach to create new jobs and opportunities.
Nirmala Sitharaman rolled out the package for those at the bottom-of-the-pyramid to cope with the lockdown in the country, in a bid to halt the spread of the new Coronavirus.