Nifty99000 100%

Sensex99000 100%

Article rating: No rating
Tags:
Article rating: No rating
Tags:
Article rating: 5.0
Tags:
Article rating: No rating
Tags:
Article rating: 5.0
Tags:
Article rating: No rating
Tags:
Article rating: No rating
Tags:
Article rating: No rating
Tags:
Article rating: No rating
Tags:
Article rating: 5.0
Tags:
Article rating: No rating
Tags:
Article rating: No rating
Tags:
Article rating: No rating
Tags:
Article rating: No rating
Tags:
Article rating: 5.0
Tags:
Article rating: No rating
Tags:
RSS

News

A budget for rural India

Author: Team Finapolis/Friday, February 1, 2019/Categories: Agriculture and allied sectors

A budget for rural India

The state elections in December 2018 may have come as a jolt to the BJP-led government, which quickly realised the need to introduce schemes for the rural population. Interim Budget 2019-20 therefore doled out a number of schemes for rural India. Some of them are mentioned below:

  • Rs 60,000 crore was allotted under MGNREGA in Interim Budget 2019-20. The government promised to provide additional amount if required.
  • Pradhan Mantri Gram Sadak Yojana (PMGSY) was allocated Rs 19,000 crore in BE 2019-20 as against Rs 15,500 crore in 2018-19.
  • Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) programme was launched to provide cash support of Rs 6,000 per annum to vulnerable landholding farmer families, having cultivable land up to 2 hectares.
  • Animal Husbandry and Fisheries sector was allocated Rs 750 crore under the Rashtriya Gokul Mission in the current year itself.
  • Rashtriya Kamdhenu Aayog was set up to upscale sustainable genetic up-gradation of cow resources and to enhance production and productivity of cows
  • The government will set up a separate department of fisheries
  • 2 per cent interest subvention provided to the farmers undertaking animal husbandry and fisheries activities, who avail loan through Kisan Credit Card
  • On timely payment of loans, an additional 3 per cent interest subvention will be provided to these farmers
  • Farmers suffering due to natural calamities will be provided benefit of interest subvention of 2% and prompt repayment incentive of 3% for the entire period of reschedulement of their loans
  • Mega pension scheme Pradhan Mantri Shram-Yogi Maandhan was launched for the unorganised sector workers.
  • Government proposed to set up a committee under NITI Aayog to identify de-notified, nomadic and semi-nomadic communities not yet formally classified
  • Government to set up a Welfare Development Board for the welfare and development of these communities

Print Rate this article:
No rating

Number of views (321)/Comments (0)

rajyashree guha

Team Finapolis

Other posts by Team Finapolis
Contact author

Leave a comment

Name:
Email:
Comment:
Add comment

Name:
Email:
Subject:
Message:
x

Videos

Ask the Finapolis.

I'm not a robot
 
Dharmendra Satpathy
Col. Sanjeev Govila (retd)
Hum Fauji Investments
 
The Finapolis' expert answers your queries on investments, taxation and personal finance. Want advice? Submit your Question above
Want to Invest
 
 

Categories

Disclaimer

The technical studies / analysis discussed here can be at odds with our fundamental views / analysis. The information and views presented in this report are prepared by Karvy Consultants Limited. The information contained herein is based on our analysis and upon sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentioned in this report, investors may please note that neither Karvy nor Karvy Consultants nor any person connected with any associate companies of Karvy accepts any liability arising from the use of this information and views mentioned in this document. The author, directors and other employees of Karvy and its affiliates may hold long or short positions in the above mentioned companies from time to time. Every employee of Karvy and its associate companies is required to disclose his/her individual stock holdings and details of trades, if any, that they undertake. The team rendering corporate analysis and investment recommendations are restricted in purchasing/selling of shares or other securities till such a time this recommendation has either been displayed or has been forwarded to clients of Karvy. All employees are further restricted to place orders only through Karvy Consultants Ltd. This report is intended for a restricted audience and we are not soliciting any action based on it. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities, or any options, futures or other derivatives related to such securities.

Subscribe For Free

Get the e-paper free