Banking service chronicle published this article page no 4 rural development has always been the top priority of policymakers in a country like india where nearly twothird of total population and more than 70 percent of the workforce reside in rural areas. the ministry of rural development has been assigned the responsibility to promote welfare activities in rural india. it takes steps to increase livelihood opportunities providing social safety nets and improving infrastructure in rural areas for their rapid growth. Banking service chronicle magazine subscription the ministry of rural development has been provided the seventh highest allocation across all ministries in the union budget for the financial year 2023-24. the budget allocation to all centrally sponsored schemes for rural development went up from rs. 108175 crores to rs. 157545 crores witnessing a growth rate of 7.84 percent per annum during the last seven years. but it came down by 13.02 percent in 2023-24 as compared to the previous year Banking service chronicle magazine buy now.
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