Non-strategic PSUs to be privatised; MGNREGS to get additional Rs 40,000 cr

In the fifth and final tranche of her economic package, Finance Minister Nirmala Sitharaman on Sunday announced that the government would allocate additional Rs 40,000 crore, over and above the budgeted Rs 61,000 crore, to the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) in order to generate more employment in the country. Borrowing limit of states has been raised from 3 per cent of Gross State Domestic Product to 5 per cent in 2020-21, the finance minister said.

She said that reforms in the seven sectors will be the focus of the fifth and final tranche of economic