FY24 MGNREGS budget might last just a few months if enough work provided

During below-normal monsoon years, MGNREGS acts as a cushion for rural labourers who find it difficult to get work in the fields and farms

Sanjeeb Mukherjee New Delhi


The government’s FY24 Mahatma Gandhi National Rural Employment. Guarantee Scheme (MGNREGS) budget estimate pegged at Rs 60,000 crore could last for only six to seven months provided adequate work is provided and there is no artificial suppression of demand, experts and civil society representatives said. This could also mean that unless there is an infusion of funds for MGNREGS during the middle of the year, allocations could start drying up around September when incidentally the possible impact of a likely sub-par monsoon could also start showing up.

Also Read

CES 2023: LG Gram laptops with 13th Gen Intel Core processors unveiled

Demand for work under MGNREGS in FY24 to be 27% lower than in FY23

Are states with high levels of poverty spending less on MGNREGS?

Finance ministry likely to give additional Rs 25,000 crore for MGNREGS

Budget 2023: PMAY-G may get big push on time for 2024 General Elections

Banking system 'strong enough to survive' policy rate changes: FinMin study

Incriminating material must for any addition to taxable income: SC

Issue of GST on intermediary services to foreign clients may get resolved

Business sentiment turns buoyant in fourth quarter, says NCAER survey

India, China becoming high income countries to bring disruption: World Bank

First Published: Apr 25 2023 | 6:49 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers. Already a BS Premium subscriber?LOGIN NOW

Register to