Cut In Budget Allocation Of Five Important Schemes; Allocation For Road, Highway Increased!

by GoNews Desk 4 months ago Views 1993

food subsidy, Inflation, MSP,MGNREGA, Finance Mini
The Indian economy, which is facing economic crisis, inflation and unemployment, has more faith in the government to cut than to increase expenditure. For the next financial year (2022-23), the central government has cut the budget allocation for many ambitious schemes. This money has been increased in the allocation of other items.

As GoNews India has told readers earlier also that the government cut the budget allocation of Food Subsidy and MSP. Similarly, there are many other schemes whose budget allocation has been reduced instead of increasing, including MGNREGA launched for rural workers.


For example, the government has reduced the allocation of food subsidy to the Food Corporation of India under NFSA- National Food Security Act by 30 percent. According to the budget document released by the Finance Ministry, the government has reduced the revised budget estimate for 2021-22 from Rs 2.1 lakh crore to Rs 1.45 lakh crore.

GoNews India had also reported earlier that the Center has also reduced the budget of MGNREGA, which proved to be life-saving in the epidemic. The government has cut its budget by 25 percent to Rs 73,000 crore.

Apart from these, the budget of Decentralized Procurement Scheme has also been cut. The government has reduced its allocation by 16 percent. This has now been increased to Rs 60,561 crore as against Rs 75,290 crore in the Revised Budget Estimate of the last financial year. This is the allocation that is given to the states for eating ration.

The agriculture sector proved to be the backbone for the country in the pandemic but the government has reduced budgets for many components used in agriculture.

For example, apart from cutting MAP, subsidy for the purchase of produce, the government also reduced the allocation of urea subsidy. The Center has cut it by 19 per cent and has reduced it to Rs 63,222 crore from the revised budget estimate of Rs 75,930 crore.

Now if we talk about those schemes for which the government has increased the budget allocation, then the allocation of National Highways or NHAI, Jal Jeevan Mission / National Rural Drinking Water Mission and Pradhan Mantri Gram Sadak Yojana have been increased. The government has increased the budget of these three schemes by 106 percent, 33 percent and 35 percent respectively.

 

This shows that the government is paying more attention to road connectivity rather than delivering food on a plate. In this financial year, the focus will be on schemes like national highways, roads in rural areas and door-to-door delivery of drinking water. Although Gonewsindia told you about the government's Jal Jeevan Mission, how successful was this scheme?

In 2016-17, the Central Government had formulated a “Green Revolution Scheme or Green Revolution Plan” for the agriculture sector. In this, 11 different schemes of the agriculture sector were introduced as an umbrella scheme, whose objective was to promote scientific methods in agriculture and other related areas.

The plan of the government was that through this scheme, it would help in doubling the income of the farmers, but it did not happen and the plan proved to be a failure.

For this scheme, the Center had allocated Rs 33,269.976 crore for 2017-18, 2018-19 and 2019-20. During the last financial year, the allocation of this scheme was kept at Rs.8,889 crore but now the government has scrapped this scheme.

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