Govt to increase outlay for flagship schemes by Rs33,000 cr

Govt to increase outlay for flagship schemes by Rs33,000 cr
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First Published: Thu, Feb 12 2009. 02 58 PM IST
Updated: Thu, Feb 12 2009. 02 58 PM IST
By PTI
New Delhi: Ahead of the Lok Sabha elections, the UPA government is planning to provide a boost to its flagship programmes including Bharat Nirman by raising the allocation to the segment by Rs 33,000 crore in the interim budget, to be tabled in Parliament on 16 February.
The outlay for the flagship programmes, which, in addition to the Bharat Nirman scheme, include the National Rural Employment Guarantee Scheme, Sarva Shiksha Abhiyan and others, is proposed to be raised to Rs1,23,000 crore during 2009-10 from Rs90,000 crore last year, representing an increase of about 37%.
The flagship programmes are expected to be given priority with the government proposing to allocate a major share of gross budgetary allocation in the next fiscal for such schemes.
Gross budgetary support (GBS), according to sources, is proposed to be increased to Rs2,85,000 crore for 2009-10 from Rs2,43,000 crore in the previous year.
GBS includes allocation for central ministries and state governments.
Sources further indicate that GBS for 2008-09 is likely to be revised to Rs2,74,000 crore mainly on account of stimulus packages and the transfer of resources to states.
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First Published: Thu, Feb 12 2009. 02 58 PM IST