Home » National » Rs.14.34 Lakh Crore to be spent in 2018-19 for creation of livelihood and infrastructure in rural areas
The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley departs from North Block to Rashtrapati Bhavan and Parliament House, along with the Minister of State for Finance and Shipping, Shri P. Radhakrishnan, the Minister of State for Finance, Shri Shiv Pratap Shukla and the senior officials to present the General Budget 2018-19, in New Delhi on February 01, 2018.

Rs.14.34 Lakh Crore to be spent in 2018-19 for creation of livelihood and infrastructure in rural areas

01/02/2018: New Delhi: The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley, while announcing the General Budget 2018-19 in Parliament today announced important measures 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.

 

Shri Jaitley informed that 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 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 agricultural growth.

 

Further, the Government substantially increased the allocation of National Rural Livelihood Mission to Rs. 5750 crore in 2018-19. Shri Jaitley said that loans to Self Help Groups (SHGs) of women increased to about Rs. 42,500 crore in 2016-17, growing 37% over previous year.   The Government is confident that loans to SHGs will increase to Rs.75,000 crore by March, 2019, the Minister added.

 

Strengthening the Ground water irrigation scheme under Prime Minister Krishi Sinchai Yojna – Har Khet ko Pani – the Government allocated Rs 2600 crore for this purpose. This would provide assured irrigation in 96 deprived irrigation districts where less than 30% of the land holdings get that presently, the Minister said.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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