Providing a Boost to Rural Employment: A glimpse into the substantial financial push of 10,000 crores by the Central Government under the Mahatma Gandhi National Rural Employment Scheme, elevating opportunities in rural areas. This allocation supplements the existing budget of 60,000 crores, accentuating the commitment to rural development.
Additional Fund Allotment: Enhancing Employment Opportunities
Revealing insights, Minister Sadhvi Niranjana Jyoti disclosed the initial allocation of 60,000 crores towards bolstering rural employment, subsequently augmented by an additional 10,000 crores. As of November 29, 2023, the government has disbursed a substantial sum of 66,629 crores under this scheme, strategically tailoring the fund’s disbursement to meet grassroots needs.
Approval of Supplementary Funds: A Stepping Stone
In a recent dialogue with the PTI, Minister of Rural Development, Giriraj Singh, confirmed the authorization of an extra 28,000 crores under the Mahatma Gandhi National Rural Employment Scheme, slated for approval in the upcoming parliamentary session. Notably, MGNREGA stands as the government’s pivotal initiative, ensuring guaranteed employment.
Understanding MGNREGA: A Supportive Framework
The essence of MGNREGA lies in guaranteeing a minimum of 100 days of employment to every household. While in the fiscal year 2024, the government reduced the allocated funds under MGNREGA from 60,000 crores, an announcement accompanies this reduction, assuring provisions for additional funding if deemed necessary.
