More than half of money for rural development remains unspent

Less than half the funds allocated to the rural development ministry in the current fiscal year for programmes, including the rural job guarantee plan, have been utilized. This is slower than last year, but the government contends tighter monitoring has prevented misuse of funds.

The ministry has released Rs. 30,846 crore to states in the first six months of the year, or 42% of the Rs. 74,100 crore that has been allocated to it in the year to 31 March, according to data available with the rural development ministry, which released 45% of the total funds in the same period last year......Read More


Source: Live Mint

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