Page 3 - Mgnrega Funds

Budget 2020: Bold reform measures missing; more questions than answers

MGNREGA saw a close to 13% drop in allocation, compared to the 2019-20 Revised Estimates

Economists prefer capex route to boost demand amid economic slowdown

Though MGNREGA and PM-Kisan have clear rural focus, they think excess public spending should only be on capex

MGNREGS wages to go up? Scheme likely to get Rs 10,000-cr push

To boost rural income, the government could raise the total MGNREGA Budget for 2020-21 to Rs 70,000 crore. In 2019-20 (FY20), it was Rs 60,000 crore

Govt may divert unspent funds allocated for PM-KISAN scheme to MGNREGA

This is to push liquidity into rural hands to kick-start consumption cycle

Centre released Rs 516 billion to states under MGNREGA in 2017-18

A sum of Rs 758.9 million has been paid as compensation towards delay in the payment of wages under MGNREGA