Page 46 - Banking Finance August 2019

BUDGET HIGHLIGHTS

over the next five years under PMGSY III with an and Planning Authority (CAMPA) fund can be used
estimated cost of Rs. 80,250 crore.“9 for this purpose.
Y Scheme of Fund for Upgradation and Regeneration of Y Swachh Bharat Abhiyan
Traditional Industries, (SFURTI) o 9.6 crore toilets constructed since Oct 2, 2014.
o Common Facility Centres (CFCs) to be setup to o More than 5.6 lakh villages have become Open
facilitate cluster based development for making Defecation Free (ODF).
traditional industries more productive, profitable
and capable for generating sustained employment o Swachh Bharat Mission to be expanded to
opportunities. undertake sustainable solid waste management in
every village.
o 100 new clusters to be setup during 2019-20 with
Y Pradhan Mantri Gramin Digital Saksharta Abhiyan,
special focus on Bamboo, Honey and Khadi,
enabling 50,000 artisans to join the economic value o Over two crore rural Indians made digitally literate.
chain. o Internet connectivity in local bodies in every
Y Scheme for Promotion of Innovation, Rural Industry and Panchayat under Bharat-Net to bridge rural-urban
Entrepreneurship’ (ASPIRE) consolidated. divide.
o 80 Livelihood Business Incubators (LBIs) and 20 o Universal Obligation Fund under a PPP
Technology Business Incubators (TBIs) to be setup arrangement to be utilized for speeding up Bharat-
in 2019-20. Net.
o 75,000 entrepreneurs to be skilled in agro-rural
industry sectors. Shahree Bharat/Urban India
Y Private entrepreneurships to be supported in driving Y Pradhan Mantri Awas Yojana – Urban (PMAY-Urban)-
value-addition to farmers’ produce from the field and o Over 81 lakh houses with an investment of about
for those from allied activities. Rs. 4.83 lakh crore sanctioned of which construction
Y Dairying through cooperatives to be encouraged by started in about 47 lakh houses.
creating infrastructure for cattle feed manufacturing, o Over 26 lakh houses completed of which nearly 24
milk procurement, processing & marketing. lakh houses delivered to the beneficiaries.
Y 10,000 new Farmer Producer Organizations to be o Over 13 lakh houses so far constructed using new
formed, to ensure economies of scale for farmers. technologies.
Y Government to work with State Governments to allow Y More than 95% of cities also declared Open Defecation
farmers to benefit from e-NAM. Free (ODF).
Y Zero Budget Farming in which few states? farmers are Y Almost 1 crore citizens have downloaded Swachhata
already being trained to be replicated in other states. App.
Y India’s water security Y Target of achieving Gandhiji?s resolve of Swachh Bharat
o New Jal Shakti Mantralaya to look at the to make India ODF by 2nd October 2019.
management of our water resources and water o To mark this occasion, the Rashtriya Swachhta
supply in an integrated and holistic manner Kendra to be inaugurated at Gandhi Darshan,
o Jal Jeevan Mission to achieve Har Ghar Jal (piped Rajghat on 2nd October, 2019. “11
water supply) to all rural households by 2024 o Gandhipedia being developed by National Council
o To focus on integrated demand and supply side for Science Museums to sensitize youth and society
management of water at the local level. about positive Gandhian values.
o Convergence with other Central and State Y Railways to be encouraged to invest more in suburban
Government Schemes to achieve its objectives. railways through SPV structures like Rapid Regional
o 1592 critical and over exploited Blocks spread across Transport System (RRTS) proposed on the Delhi-Meerut
256 District being identified for the Jal Shakti route.
Abhiyan. Y Proposal to enhance the metro-railway initiatives by:
o Compensatory Afforestation Fund Management o Encouraging more PPP initiatives.

46 | 2019 | AUGUST | BANKING FINANCE