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Home News Budget Month 2 2015 2015 (2) This

Education Sector Allocated ₹ 68968 Cr while Rural Development gets ₹ 79526 Cr in the Year 2015-16

28-2-2015
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 Nirbhaya Fund gets Another ₹ 1000 Cr in 2015-16

The Finance Minister, Shri Arun Jaitley has said that adequate provision has been made for the schemes for the poor and disadvantaged in the Budget of 2015-16. Delivering his Budget Speech in the Parliament today, the Finance Minister said that an amount of ₹ 68,968 crore has been allocated to the Education Sector including Mid Day Meals, ₹ 33,152 crore to the Health Sector and ₹ 79,526 crore for Rural Development Activities including MGNREGA in the Budget for 2015-16. An amount of ₹ 22,407 crore has been provided for Housing and Urban Development, ₹ 10,351 crore for Women and Child Development and ₹ 4,173 crore for Water Resources and Namami Gange.

 In order to support programmes for Women Security, Advocacy and Awareness, another ₹ 1000 crore have been allocated to the Nirbhaya Fund in the year 2015-16.

 Shri Arun Jaitley said that the National Optical Fibre Network Programme of 7.5 lakh Kilometre, networking 2.5 lakh villages, is being speeded up as a part of progress towards making digital India.

 The Finance Minister disclosed that an initial sum of ₹ 1200 crore has been given for the DMIC corridors in the current year. The Ahmedabad-Dholera investment region in Gujarat and the Shendra-Bidkin Industrial park near Aurangabad, in Maharashtra, are now in a position to start work on basic infrastructure. Additional funds will be provided for the Industrial Corridors as the pace of expenditure picks up, he added.

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