CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
For which scheme the Finance Ministry has allocated additional funds of Rs.10, 000 crore?
A
MGNREGA
B
PMJDY
C
NITI Aayog
D
NITI Aayog & PMJDY
Explanation: 

Detailed explanation-1: -In line with the recent trend of slashing the budget of its flagship rural jobs scheme, the Union Budget allocated only ₹60, 000 crore for the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme for 2023-24.

Detailed explanation-2: -Allocation over years The increase was the sharpest, at 55 per cent, between FY20 and FY21, owing to the pandemic. That year, a massive ₹1.11 lakh crore was allocated for the scheme. In FY22, it went down to ₹98, 000 crore and then to ₹73, 000 crore in FY23.

Detailed explanation-3: -Fund release to States/UTs is a continuous process and Central Government is committed in making funds available to States/UTs for the implementation of the scheme, keeping in view the demand for work on ground. S.

Detailed explanation-4: -The Government of India passed the Mahatma Gandhi National Rural Employment Guarantee Act, 2005 in September, 2005. The Act gives legal guarantee of a hundred days of wage employment in a financial year to adult members of a rural household who demand employment and are willing to do unskilled manual work.

There is 1 question to complete.