Question

    What is the budget allocation for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) in the Union Budget for 2024-25, which aims to provide rural employment opportunities and stimulate economic growth?

    A ₹40,000 crore Correct Answer Incorrect Answer
    B ₹60,000 crore Correct Answer Incorrect Answer
    C ₹80,000 crore Correct Answer Incorrect Answer
    D ₹90,000 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Finance Ministry released ₹ 10,000 crore in urgent assistance for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). The funds were released to meet unexpected increased expenditure under the rural job guarantee scheme. The funds will be available until the first batch of supplementary demands for grants is approved by parliament at its next session. The unusual move came after 95% of the FY24 budgetary outlay of ₹ 60,000 crore for the MGNREGS was exhausted well before the commencement of the winter session of parliament.

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