Nirmala Sitharaman allots 4.91% of budget to women-specific schemes

Figures hoisted by housing, gas connection schemes

1562605863-4886

Budget 2019: Nirmala Sitharaman has earmarked more money to women-specific schemes in the Budget, the first by a full-time woman finance minister.

The spending declared under the so-called gender Budget has risen to Rs 1.37 trillion for 2019-20 (FY20), up by over a tenth from the Rs 1.22 trillion in 2018-19 (FY19). However, as a share of the total budget, there is actually a marginal decline.

The allocations work out to 4.91 per cent share of the overall budget. This is lower than the 4.99 per cent in FY19 and 5.28 per cent in 2017-18. The average share of such spending was 5 per cent during the past five years. The highest was 5.5 per cent in 2014-15. The share has...read more

Comments

Popular posts from this blog

Budget 2019 fails to address real estate sector's most pressing concerns

300 sixes and counting: Gayle achieves another swashbuckling feat in IPL

Global Covid cases cross grim milestone of 300 mn; deaths over 5.47 mn