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What was the budget allocation for the Ministry of Rural Development for the fiscal year 2023-24?
Question

What was the budget allocation for the Ministry of Rural Development for the fiscal year 2023-24?

A.

₹1,75,000 crore

B.

₹1,29,000 crore

C.

₹1,59,964 crore

D.

₹1,50,000 crore

Correct option is C

The correct answer is: (C) ₹1,59,964 crore

Explanation:

  • In the Union Budget 2023–24, the Ministry of Rural Development was allocated a total of ₹1,59,964 crore.
  • This includes:
    • ₹1,57,545 crore for the Department of Rural Development, and
    • ₹2,419 crore for the Department of Land Resources.

Information Booster:

  • Major schemes under the ministry include MGNREGA, PMAY-G, and PMGSY.
  • MGNREGA alone received a significant portion of the allocation.
  • The ministry plays a key role in improving rural infrastructure, housing, and livelihoods.
  • Budget allocation reflects the government’s focus on inclusive growth in rural areas.
  • Allocation also supports Digital India initiatives and rural skill development.

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