KNOW THE FINANCIAL BURDEN ON VARIOUS SCHEMES IN THE COUNTRY. Budget allocation for some flagship social sector schemes for 2013-14 is as under: Mahatma Gandhi National Rural Employment Guarantee Scheme:- Rs 33,000 crores. Pradhan Mantri Gram Sadak Yojana - Rs 21,700 crores Sarva Shiksha Abhiyan - Rs. 27,258 crores Mid Day Meal Scheme - Rs 13,215 crores Integrated Child Development Scheme - Rs. 17,700 crores Drinking Water and Sanitation - Rs 2,260 crores. Jawaharlal Nehru National Urban Renewal Mission Rs 14,873 crores. Total - Rs.1, 30,006 crores Now the financial burden of Food (Vote) Security Scheme is estimated at Rs 1, 25,000 crores. Funding of this Rs 1, 25,000 crores shall be by raising tax rates, increasing borrowings or by resorting to printing of more money. All these recouping measures, in turn, shall escalate the pace of galloping inflation. The vicious cycle shall end up with irreparable pains. As per 2011 census India has more than 50% of its population below the age of 25 and more than 65% below the age of 35. The cascading effect of this scheme shall be far reaching since it would make working manpower a national liability rather than an assets
Posted on: Sun, 01 Sep 2013 11:52:58 +0000
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