Centre rethinks allocation due to poor utilisation of money. Rural Ministry likely to have Rs. 18,000 crore by way of carry forward in its kitty under MGNREGS.

The FM gave only nominal backing to the bouquet of social schemes clubbed under Bharat Nirman.The overall increase was Rs 10,000 crore over the previous year,adding up to Rs 58,000 crore.
But in real terms,this could mean much less as the revised outlays for previous years are well above the initial allocations.
The National Rural Drinking Water Programme got Rs 8,099 crorethe same as last year

Unlike the National Rural Drinking Water Programme (NRDWP), the Pradhan Mantri Gram Sadak Yojana (PMGSY), under the UPA government appears to be on track, with better utilisation of funds by majority of the states.

The programme was launched on December 25, 2000, as a fully funded, centrally sponsored scheme to provide all-weather road connectivity in rural areas.

AKHILESH TILOTIA ANALYST, KOTAK INSTITUTIONAL EQUITIES
THE outlook for agriculture in India is changing: price increases are lifting realisations, which, in turn, are being reinvested in productivity enhancements.

Funds to be used for building 24,000 km of roads
The World Bank will offer a loan of $1.5 billion (about `6,800 crore) to India for building 24,000-km of all-weather roads in the rural areas of seven economically poor and hilly states like Uttar Pradesh and Himachal Pradesh.

This is the largest rural road project the World Bank has ever approved.

The World Bank on Tuesday approved a $1.5 billion Credit and Loan for India's Pradhan Mantri Gram Sadak Yojana (PMGSY) aimed towards improving rural accessibility of roads.

The new project will concentrate on the states of Himachal Pradesh, Jharkhand, Meghalaya, Punjab, Rajasthan, Uttarakhand, and Uttar Pradesh, the Bank said in a statement.

Over the next five years, the project will aim to

The World Bank on Tuesday approved a $1.5-billion credit and loan for India

NEW DELHI, Dec 6

SHILLONG: The World Bank has sanctioned a loan of Rs 1070 crore ($200 million) for implementation of the Prime Minister's Gram Sadak Yojana (PMGSY) in the State.

Informing this in the Assembly on Thursday, Home Minister HDR Lyngdoh, also in-charge of PWD, said the State Government would receive the amount from the World Bank for PMGSY implementation from 2010-2011 to 2014-2015.

"PWD official

Finance Minister Raghavji laid the foundation stones of several roads in Vidisha district on Sunday. During the functions, the Finance Minister said that roads open news vistas of development and progress for any state.