Budget 2022: FM focuses on boosting rural infra, digitising agriculture

Budget for agri, allied activities rose by a nominal 2.5% for FY23, compared to FY22 RE

For the rural sector, the Budget was focused largely on creating tangible assets such as roads and houses in villages while at the same time slashing the Budget for the flagship MGNREGS by a 25.51 per cent against the revised estimates of FY22.

Being a demand-driven scheme, there is every possibility of a further topping up of the MGNREGS during the next financial year as it has happened in the current fiscal year, where the revised estimate has been raised to almost Rs 98,000 crore as against a budgetary estimate of Rs 73,000 crore during the year due to strong