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NREGA spend to exceed budgeted amount by Rs 50 billion this year: Jaitley

The NDA government has pumped in resources into rural areas, which improved infrastructure, the quality of life of people living therein and increased agricultural productivity, he said

Arun Jaitley
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Executives from SBI, PNB, BoB, and three more banks briefed the finance minister via video conferencing on liquidity crisis

Arup Roychoudhury New Delhi
Finance Minister Arun Jaitley said on Tuesday that the government’s flagship National Rural Employment Guarantee scheme (NREGA), will see an outlay of at least Rs 600 billion this fiscal year. This is higher than the Rs 550 billion allocated in the Union Budget 2018-19. 

“To help the poorest, under the Rural Job Employment Scheme, close to Rs 600 billion, if not more, would be spent on MGNREGA this year. This is almost twice the amount spent by the UPA government,” Jaitley write in a blog titled ‘India’s rural sector’. 

The blog comes as a response to the opposition’s allegations that the Modi