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February 27, 1999

BUDGET 1999-2000
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Nodal scheme to boost rural industrialisation

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Finance Minister Yashwant Sinha today proposed a National Programme for Rural Industrialisation with a view to setting up 100 rural clusters every year for giving a boost to rural industrialisation.

He stated that this step was being taken to integrate the efforts of various government agencies working at the grassroots level and to ensure active community participation. He made this proposal while presenting the Budget 1999-2000.

The NPRI is being proposed for the benefit of rural artisans and unemployed youth to reduce rural-urban disparities in the long run.

The Small Industry Development Organisation will coordinate this programme. The Khadi and Village Industries Commission will play an important role -- its marketing infrastructure will be put to optimum use in this effort.

In the long run, the proposed rural clusters would be spread throughout the country, with a reasonable balance between high potential and backward rural areas.

UNI

Budget 1999-2000

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