Aam Aadmi is focus of all UPA schemes

Budget Highlights - Rural Development

- Aam Aadmi is the focus of all UPA's schemes

- Mandate for inclusive growth

- National Rural Employment Guarantee Act (NREGA) Allocation hiked by 144% to Rs.39,100 crore

- NREGA provided employment opportunities to more than 4.479 crore households in 2008-09

- Rs. 100 per day as entitlement under NREGA

- Pilot Project to be taken up in 115 districts by converging NREGA with other schemes

- Bharat Nirman allocation hiked by 45%

- Indira Awaas Yojna allocation up by 63% to Rs 8,883 crore

- Rs 2,000 crore for rural housing fund under National Housing Bank

- Rs 100 crore one-time grant to expand banks in unbanking areas

- PM Gram Sadak Yojna hiked up by 59 per cent to Rs.12,000crore.

- PM Grameen Adarsh Yojna on pilot basis in 100 villages with SC/ST population.

- Swarna Jayanti Swarozgar Yojna (SGSY) now as National Rural Livelihood Mission (NRLM) to make it universal, more focussed and time bound for poverty alleviation by 2014

- Target to enrol 50% cent of rural women in self-help groups over the next five years

- Rural mega clusters in Bengal and Rajasthan

- Incentives in interest rates to farmers to pay back

- Interest subsidy for home loans up to Rs 1 lakh

- Work on National Food Security scheme for subsidised food

- Govt to shift to nutrient based fertiliser subsidy regime

- Fertiliser subsidy to go directly to farmers

- Incentives in interest rates to farmers to pay back

- Target for agriculture credit raised to Rs 3,25,000 cr in 2009-10

- Additional budget allocation to farmers

- Allocation of Rashtriya Krishi Vikas Yojna stepped up by 30%

- Banking network to be expanded

- One banking centre in every bloc.

Source : Equity Bulls

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