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BACKWARD REGIONS GRANT FUND

(BRGF)
OBJECTIVES OF BRGF
Bridge critical gaps in local infrastructure and other
development requirements that are not being
adequately met through existing flows.
Strengthen to this end, panchayat and municipal level
governance with more appropriate capacity building,
to facilitate participatory planning, decision making,
implementation and monitoring , to reflect local felt
needs.
Provide professional support to local bodies for
planning, implementation and monitoring their plans.
Improve the performance and delivery of critical
functions assigned to panchayat, and counter possible
efficiency and equity losses on account of inadequate
local capacity.

ALLOCATION IN BUDGET
12,040 CRORE IN 2012-13
Decreased to
11,500 CRORE IN 2013-14

1000 CRORE IN 2013-14 FOR Left Wing
Extremism affected regions
SKILL DEVELOPMENT
(NATIONAL SKILL
DEVELOPMENT CORPORTION)
OBJECTIVE AND MISSION
OBJECTIVE-
To contribute significantly (about 30 per cent) to the overall
target of skilling / upskilling 500 million people in India by
2022, mainly by fostering private sector initiatives in skill
development programmes and providing funding.
MISSION
Upgrade skills to international standards through significant
industry involvement and develop necessary frameworks for
standards, curriculum and quality assurance
Prioritize initiatives that can have a multiplier or catalytic
effect as opposed to one-off impac

Enhance, support and coordinate private sector
initiatives for skill development through appropriate
Public-Private Partnership (PPP) models; strive for
significant operational and financial involvement
from the private sector.
Focus on underprivileged sections of society and
backward regions of the country thereby enabling a
move out of poverty; similarly, focus significantly on
the unorganized or informal sector workforce.
Play the role of a "market-maker" by bringing
financing, particularly in sectors where market
mechanisms are ineffective or missing
ALLOCATION IN BUDGET
1,205 CRORE IN 2012-13
IN BUDGET 2013-14 ;
Funds will be released by the National Rural
Livelihood Mission and National Urban
Livelihood Mission.
5% of Border Area Development Programme
fund.
10% of the Special Central Assistance to
Schedule Caste sub plan and some other funds
will also be used for skill development.
DEFENCE
BUDGET ALLOCATION
1,93,407 CRORE IN 2012-13
Increased to
2,03,672 CRORES IN 2013-14 ( This will
include 86,741 Crore for capital expenditure.)
Any additional requirement for security of
nation will be provided.
BUDGET ESTIMATES
The estimate of planned expenditure is placed
at 5,55,322 crore .
As a portion of total expenditure it will be
33.3%.
Non plan expenditure is estimated at
11,09,975 crore .
The fiscal deficit is estimated at 4.8%
The revenue deficit is estimated at 3.3%
PROBLEMS WITH FOOD SECURITY BILL
Indias supply chains are famously afflicted by inadequate infrastructure
and its distribution channels riddled with corruption. Food grains are
produced in surplus in the country, but rot due to the lack of sufficient
cold storage year after year.
This bill which was designed to uplift the rural poor will hurt farmers by
reducing the market prices of food crops by increasing the supply of
subsidized grain. Thus, the bill may prove to be disadvantageous to the
very population it was designed to benefit.
The timing of the bill is economically inopportune in light of the countrys
looming fiscal deficit and slowing economic growth. The government has
not as yet explained how it plans to finance this policy which is estimated
to require 950 billion rupees per year.
The country needs legislation that allows farmers to profit economically
and grow autonomous, instead of forcing them to further depend further
on the state.