Finance Minister Piyush Goyal
Finance Minister Piyush Goyal

Budget 2019: Rs 3,27,679 crore for centrally sponsored schemes

ANI | Updated: Feb 01, 2019 19:34 IST

New Delhi [India], Feb 1 (ANI): A whopping Rs 3,27,679 crore has been proposed to be allocated to the Centrally Sponsored Schemes (CSS) in the Budget Estimates (BE, Finance Minister Piyush Goyal said on Friday while presenting the interim Budget for 2019-20 in the Lok Sabha.              
“In BE 2019-20, Centrally Sponsored Schemes (CSS) are proposed to be allocated Rs 3,27,679 crore as against Rs 3,04,849 crore in 2018-19 revised estimates (RE),” he said.
Detailing further, Goyal said that allocation for National Education Mission is being increased from Rs 32,334 crore in RE 2018-19 to Rs 38,572 crore in BE 2019-20. Also, the allocation for Integrated Child Development Scheme (ICDS) is being increased from Rs 23,357 crore in RE 2018-19 to Rs 27,584 crore in the BE 2019-20.
Centrally Sponsored Schemes refer to the schemes, which are implemented by the State governments, and the revenue is shared between the Centre and the State governments. Under the cost ratio, the larger portion is always borne by the Centre.
“A substantial increase is proposed in the allocation for welfare of the Scheduled Castes and Scheduled Tribes,” said Goyal. The allocation of Rs 56,619 crore made in BE of 2018-19 for Scheduled Caste, further increased to Rs 62,474 crore in RE is proposed to be enhanced to Rs 76,801 crore in BE for 2019-20, an increase of 35.6 per cent over BE of 2018-19.
“For the Scheduled Tribes also, proposed allocation in 2019-20 BE is Rs 50,086 crore as against Rs 39,135 crore in BE 2018-19, an increase of 28 per cent,” said Finance Minister Goyal. (ANI)

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