Key Highlights
The Union Budget 2017 gave a major thrust to rural development, with key focus on building housing and infrastructure. Here are the major benefits promised to rural areas by finance minister Arun Jaitley.
1. Allocation for rural sector for Fiscal Year 2018 is Rs 1,87,200 cr, which is a record, and represents an increase of 24%.
2. Allocation under MNREGA increased from Rs 38,500 crore to Rs 48,000 crore.
3. Participation of women in MNREGA has increased to 55%.
4. Mahila Shakti Kendra at village level for rural women empowerment will be initiated in this financial year.
5. 100% village electrification will be achieved by May 1,2018.
6. 1,00,00,000 houses by 2019 for houseless and those living in kaccha houses.
7. Cabinet approves extension of tenure of loans under Credit Linked Subsidy Scheme of
Pradhan Mantri Awas Yojana from 15 to 20 years.
8. Pradhan Mantri Awas Yojana allocation raised from Rs 15,000 crore to Rs 23,000 crore.
9. Pradhan Mantri Gram Sadak Yojna roads work accelrated to 133 kn roads per day in 2016-17 against 73 km per day during 2011-14.
10.Open defecation free villages are now being given priority for pipe to water supply.