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India to launch ‘Village Entrepreneurship’ programme

Jul 14, 2014

Under this programme rural youth would take up local entrepreneurship programmes for which Rs 100 crore has been allocated.

New Delhi: Presenting his maiden budget, the Indian Finance Minister Arun Jaitley said that the Indian Government would provide wage and self-employment opportunity in rural areas through the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA).

The wage employment provided would be substantially linked to agriculture. The Indian Government has also proposed a new ‘Village Entrepreneurship’ programme, an initiative where rural youth would take up local entrepreneurship programs for which Rs 100 crore has been allocated.

Announcing the Budget, the Government also decided to extend the provision of bank loan for women Self-Help Groups (SHGs) under ‘Ajeevika’, the National Rural Mission which aims to eliminate poverty through sustainable livelihood options.

The Government will take more efforts in the Pradhan Mantri Gram Sadak Yojana (PMGSY), a scheme launched by former Prime Minister of India Atal Behari Vajpyee. This scheme PMGSY improved road connectivity for the rural population and for this Rs 14,839 crore has been provided.

Safe drinking water has always been a big issue in India and to overlay such fears, the Budget announced to give increased impetus to watershed development in the country under a new programme called ‘Neeranchal’.

Indian rural households often get supply of water affected by toxic elements and pesticides and to counter this issue, community water purification plants under the National Rural Drinking Water programme will also be installed.

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