Budget 2024: Spending on rural development increases, but not all schemes benefit | Data
The Hindu
In FY25, the government is expected to spend ₹2,65,808 crores on rural development, with varying allocations for different schemes.
In FY25, the government is expected to spend ₹2,65,808 crores on rural development. The allocation increased by ₹26,824 crore, when compared with the revised estimates for the year FY24. However, the increase in the overall spending on rural development, when compared with the revised estimates, is not equally distributed among the major schemes that feature under this umbrella.
For instance, in absolute terms, the government is expected to spend ₹86,000 crore in FY25 on the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), the same amount when compared with FY24 revised estimates. This is one of the major schemes of the Rural Development Ministry which aims to enhance the livelihood security of rural households by providing at least one hundred days of guaranteed wage employment.
The government is expected to spend ₹2,027 crore on the Indira Gandhi National Widow Pension Scheme (IGNWPS), the same amount when compared with FY24 revised estimates. Under the scheme central assistance is provided to widows in the age group of 40-79 years and belonging to families living below the poverty line
The government is expected to spend ₹12,000 crore on the Pradhan Mantri Gram Sadak Yojana (PMGSY) in FY25, a decrease of ₹5,000 crore compared with FY24 revised estimates. The scheme provides all-weather road connectivity to all eligible habitations of the designated population size.
On the other hand, in absolute terms, the government is expected to spend ₹54,500 crore on Pradhan Mantri Awaas Yojana Gramin (PMAYG), an increase of ₹22,500 crore when compared with FY24 (revised estimates). The scheme aims to provide housing, with basic amenities, to poorer sections of society in rural areas.
The government is expected to spend ₹15,047 crore on Deendayal Antyodaya Yojana- National Rural Livelihoods Mission (DAY-NRLM), an increase of ₹918 crore compared with FY24 (revised estimates). The scheme aims to organise rural poor women into Self Help Groups and support them till they attain an appreciable increase in incomes over a period of time.
The government is expected to spend ₹6,646 crore on the Indira Gandhi National Old Age Pension Scheme (IGNOAPS), a marginal increase of ₹11.5 crore when compared with FY24 revised estimates. Under the scheme, assistance is provided to persons of 60 years and above and belonging to families living below the poverty line.