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Home Business Budget 2021 | Expenditure on MGNREGS and rural development falls, rises marginally...

Budget 2021 | Expenditure on MGNREGS and rural development falls, rises marginally for for education and social welfare

Allocation as a % of the full expenditure for increased education and faculty education recorded marginal will increase for FY22

The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), which has been described because the lifeline of rural India through the lockdown, didn’t discover a point out within the Finance Minister’s Budget speech on February 1, 2021. The scheme has been allotted Rs. 73,000 crore for FY22 which is decrease than the revised estimates of FY21 which stood at Rs 1,11,500 crore.

Among others, allocation as a % of the full expenditure for increased education and faculty education recorded marginal will increase for FY22. The allocation for the rural development sector as a %  of the full expenditure fell for FY22.

The charts depict the allocation for varied social sectors/schemes as a % of complete expenditure in varied years.

MGNREGS

The proportion of funds allotted for the rural employment scheme has come down by 1.1% factors. The complete allocation for the scheme is Rs. 73,000 crore for FY22.

 

Rural development

The proportion of funds allotted for rural development has decreased by 0.7% factors. The complete allocation for rural development is Rs. 1,94,633 crore for FY22.

 

Higher education

The proportion of funds allotted for increased education has elevated by 0.1% factors. The complete allocation for increased education is Rs. 38,350.6 crore for FY22.

 

School education

The proportion of funds allotted for faculty education has gone up by 0.1% factors. The complete allocation for faculty education is Rs. 54,873.7 crore for FY22.

 

Social welfare

The proportion of funds allotted has gone up by 0.2% factors. The complete allocation for social welfare is Rs. 48,460 crore for FY22.

Also learn: Union Budget 2021 | PM-KISAN dominates agriculture outlay, procurement concerns remain

Source: Budget paperwork, Department of Agriculture, Co-operation and Farmers Welfare

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