labels: Economy - general
Budget 2009-10: FM allocates Rs39,000 crore for rural employment news
06 July 2009

Indian finance minister Pranab Mukherjee presented his 'Aam aadmi' Budget in the Parliament today with many incentives for the rural and agricultural community.

'Am aadmi ' is the focus of all our programmes, he said while presenting the Budget in the Parliament.

The government has increased the allocation for its flagship rural job scheme by 144 per cent to Rs39,000 crore.

''I am allocating Rs39,000 crore for the National Rural Employment Guarantee Act (NREGA). This is a hike of 144 per cent,'' finance minster Pranab Mukherjee said while presenting the budget for fiscal 2009-10 in the Lok Sabha today.

''NREGA is a magnificent success. The government is committed to providing a wage of Rs100 a day to rural households in convergence with other schemes for rural areas. One hundred and fifteen pilot districts have been identified for these convergence schemes. The details will be given by the minister for rural development,'' Mukherjee added.

Mukherjee has also allocate Rs2000 crore for rural housing under National Housing Bank. Further, the allocation for urban poor for provision for housing and basic amenities to be raised to Rs3973 crore in the current year.

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Budget 2009-10: FM allocates Rs39,000 crore for rural employment