MGNREGA Current Affairs - 2019

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Interim Budget 2019: Highlights

The highlights of the Interim Budget 2019 presented by the Finance Minister are listed below:

  • 6,000 rupees yearly direct support to farmers through PM-KISAN Programme.
  • Pension of 3,000 rupees for unorganised sector workers earning up to 15,000 rupees through a mega Pension Scheme – Pradhan Mantri Shram- Yogi Maandhan.
  • Present Income Tax rates to continue and full tax rebate up to an income of 5 lakh rupees for individual taxpayers. Standard deduction raised to 50,000, a hike of 10,000 for salaried class.
  • Simplification of Direct tax system and returns to be processed in 24 hours with immediate refunds.
  • 90 per cent GST payers can file quarterly returns.
  • Two per cent interest rebate for Small and Medium Enterprises to get an incremental loan of one crore rupees.
  • Constituting group of Ministers to examine GST burden on home buyers.
  • Digitalization of Customs for export and import transactions.
  • Allocations towards Health care, MGNREGA, SC/ST welfare programmes, Pradhan Mantri Gram Sadak Yojana, Development of infrastructure in North-East has been increased substantially.
  • Rashtriya Kamdhenu Aayog for genetic upgradation of the cow.
  • Separate Department of Fisheries.
  • Electricity connection to all willing families by next month.
  • Allocations to Defence budget crosses three lakh crore rupees for the first time.
  • More than three lakh 38 thousand shell companies deregistered after demonetization.
  • 10 point vision for 2030 to realize India’s social economic potential.
  • India to be a 10 trillion dollars economy in 13 years.
  • Government e-Marketplace – GeM to be extended to all Central Public Sector Enterprises.
  • Container cargo movement to the North-East through Brahmaputra river.
  • Allocation for infrastructure development in the North East increased by 21 per cent.
  • AIIMS to be established in Haryana.
  • Digital connectivity for more than one lakh more villages.
  • National Centre on Artificial Intelligence Centre to be established.
  • Tightening of Cinematograph Act to check piracy.
  • Single window clearance for shooting films for Indian filmmakers.
  • Indigenous development of semi-high speed Vande Bharat Express train
  • The fiscal deficit pegged at 3.4 per cent of GDP.

The Budget was keenly watched as the country is heading for a general election in 2019.

Month: Categories: Business, Economy & Banking

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Chief Ministers Subgroup constituted to Coordinate Policy approaches for Agriculture and MGNREGS

The Union Government has constituted Chief Ministers Subgroup to coordinate policy approaches for agriculture sector and Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). It will submit its report within three months from its date of constitution.

Composition: Chief Minister of Madhya Pradesh Shivraj Singh Chouhan will be its convener and CMs of Andhra Pradesh, Gujarat, Bihar, West Bengal, Uttar Pradesh and Sikkim along with Member NITI Aayog, Ramesh Chand as its members.

Background

CMs Subgroup formation comes in backdrop of vision of Central Government towards Doubling Farmers’ Income by 2022 which requires multi-dimensional and inclusive approach. It comes close on heels of unanimous decision taken at 4th meeting of Governing Council of NITI Aayog chaired by Prime Minister Narendra Modi. During the deliberations, it was suggested to come out with approaches with special emphasis on pre-sowing and post-harvest interventions using MGNREGS, for creating durable assets that will double incomes of farmers and reduce agrarian distress.

Terms of Reference of the Sub-Group

It will suggest wider choice of State specific interventions both for pre-sowing and post-harvest to improve thrust on incomes, waste to wealth and water conservation. It will align works under MGNREGS to requirements of achieving goal of Doubling Farmers’ Income by 2022. It will help to improve thrust on individual beneficiary schemes, water conservation, construction of rural haats, vermi-composting etc.

It will make recommendations on interventions of MGNREGS that can facilitate reduction of agrarian distress including work availability, wage rates, seasonality etc. It will also explore possibilities of MGNREGS as livelihood resource for development and diversification of livelihoods of small and marginal farmers specially belonging to SC/ST households.

It will suggest ways of aligning MGNREGS and its livelihood thrust with women Self Help Groups (SHGs), producer companies and producer groups to enable better use of resources for livelihood. It will explore successful convergence of program resources across departments to ensure efficiency, effectiveness, optimal fund utilization and sustainability.

Month: Categories: National

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