Finance Ministry: Under the Mahatma Gandhi National Rural Employment Guarantee Scheme, the Finance Ministry has released additional funds of Rs 10,000 crore to promote employment in rural areas.
The thing to note is that there has been a decline in employment in rural areas this year. According to the report published in Economic Times, while giving information on this matter, a senior official has said that there has been an increase in the expenditure of funds in NREGA. In such a situation, additional funds have been released to meet the need. After this, the Central Government will take funds from the Government in the next session of Parliament.
Increased demand for employment under MNREGA
It is noteworthy that due to poor rains in this financial year, employment crisis has been seen in rural areas. In such a situation, a senior official had told the Economic Times that this year the government had allocated a budget of Rs 60,000 crore under MNREGA, which has been utilized up to 95 percent even before the winter session. In such a situation, in view of the increasing demand for MNREGA, the government has released an additional budget of Rs 10 thousand crores.
Government has approved additional budget of Rs 24,000 crore
It is noteworthy that this year due to poor monsoon in rural areas and gradual industrial improvement, generally less migration of workers towards cities has been seen. In such a situation, the demand for work under MNREGA has increased in rural areas. In such a situation, 95 percent of the decided budget was spent even before the winter session of Parliament.
In such a situation, in view of the shortage of funds, the Ministry of Rural Development has talked about provision of additional budget of Rs 28,000 crore in the fixed fund. Now the government has also released funds worth Rs 10,000 crore from this.
Budget cuts in FY24
It is worth noting that in the financial year 2024, the Central Government had made a big cut in the budget allocated under MNREGA, reducing it from Rs 88,000 crore to Rs 60,000 crore, although it had also announced that if needed. The government will make provision for more funds.
