Union Cabinet approves 150 days employment under MGNREGA in the drought hit areas

Union Cabinet has approved 150 days employment per household under Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in the drought hit areas of the country.
Decision in this regard was taken by Union Cabinet Meeting chaired by Prime Minister Narendra Modi in New Delhi.
Additional 50 days of unskilled manual work under the MGNREGA scheme will benefit people in drought-hit areas which are facing monsoon deficit affecting kharif crops and rural income.
The move will enable state governments to provide additional wage employment to the rural poor from present 100 days in drought and natural calamities affected areas.
Cabinet committee on Economic Affairs (CCEA) also approved setting up of committee to propose Exim bank scheme in order to offer concessional finance to companies bidding for infra projects abroad.

Month: Current Affairs - September, 2015