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Govt raises budget for Rural Jobs scheme by Rs. 5,000 crore -Elizabeth Roche Fresh fund infusion means the overall budget allocation for MGNREGS in 2016-17 will be Rs43,500 crore New Delhi: The Narendra Modi-led National Democratic Alliance government has increased the budget for the national rural employment guarantee scheme by Rs.5,000 crore to Rs.43,500 crore for 2016-17, minister of state for rural development Ram Kripal Yadav told Parliament on Monday. The scheme “will not be shut down but strengthened. It is a special direction...

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FDI in food trade sans infra creation ‘rider’ irks Food Processing Ministry -Aditi Nigam

-The Hindu Business Line ‘Astonished’ RSS-backed farmers’ body seeks immediate roll-back New Delhi: The Centre’s nod for 100 per cent foreign direct investment (FDI) in trading of food products with “no riders”, has not only raised the hackles of the Food Processing Ministry, which has been pushing for 15 per cent mandatory investment in creation of back-end infrastructure to reduce wastage and create jobs, but has also irked farmers organisations, such as...

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Modi govt wakes up too late to the agrarian crisis -Sayantan Bera A look at the past three budgets shows that the government took note of the crisis only in 2016 On 24 April 2014, about a month before Narendra Modi-led National Democratic Alliance (NDA) formed a new government at the centre, the India Meteorological Department made an ominous forecast. The four-month-long southwest monsoon which irrigates more than half of India’s farmlands was likely to be deficient. Over the next few months the...

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Government increases wages for NREGS by about 6%, no revision in pay calculation formula -Ruchika Chitravanshi

-The Economic Times NEW DELHI: The government has dropped the idea of changing the wage calculation formula for its flagship Rural Jobs programme but has increased the wages about 6% for 2016-17. It has increased allocation to the Mahatma Gandhi National Rural Employment Guarantee Scheme 4% to Rs 38,500 crore for 2016-17 compared to that in the current fiscal. The scheme would have required an additional Rs 2,000 crore had the...

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Budget 2016: Ahead Of Polls, Government's Big Boost For UPA's Job Scheme MGNREGA

-NDTV Profit New Delhi: The BJP-led government has once again bumped up the allocation for the Rural Jobs guarantee scheme MGNREGA, once described by Prime Minister Narendra Modi as "living proof of the Congress party's failure." In Budget 2016, the MGNREGA scheme or Mahatma Gandhi National Rural Employment Guarantee Act has been allocated Rs. 38, 500 crore ahead of important elections in five states this year. "If this is spent, it will be...

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