Slum development under CSR ambit may prove boon
1 March 2015 12:26 AM GMT
Union Finance Minister Arun Jaitley while announcing the Budget on Saturday said that Rs 79,526 crore was allocated for rural development, including MGNREGA and Rs 22,407 crore for housing and urban development. “Government is committed to work for these sectors,” he added.
While announcing that a proposal to add slum development in the list of CSR activities with 100 per cent tax deduction, Jaitley’s raining sops for connecting 1,78,000 unconnected habitations with a cost of Rs 10,050 crore, electrification 20,000 villages by 2020, housing for all by 2022, Physical Aids and Assisted Living Devices (PAALD) for senior citizens living below the poverty line has earned “restricted” applauds.
“In my direct tax proposals, I have proposed 100 per cent deduction for contributions, other than by way of CSR contributions, to the Swachh Bharat Kosh,” Jaitley said. Concerned over poor town planning and encroachments, the Finance Minister has stressed for an “urban renewal”. Time has now come to look with a different perspective for a complete makeover of other cities apart from metros, he said.
On “housing for all”, he said, “We are committed to complete 2 crore houses in urban areas and 4 crore houses in rural areas.” Emphasizing on special assistance for nearly 10.5 crore senior citizens, he said: “Seventy per cent of them lives in rural areas and are BPL card holders. They also suffer from age related disabilities. Therefore, we propose new scheme for providing Physical Aids to them.”
Highlighting to engage rural youth in nation building, he said, “With rural population still forming close to 70 per cent of India’s populace, we had launched the Deen Dayal Upadhyay Gramin Kaushal Yojana. An additional Rs 1,500 crore has been set apart for this scheme. ”
While announcing that a proposal to add slum development in the list of CSR activities with 100 per cent tax deduction, Jaitley’s raining sops for connecting 1,78,000 unconnected habitations with a cost of Rs 10,050 crore, electrification 20,000 villages by 2020, housing for all by 2022, Physical Aids and Assisted Living Devices (PAALD) for senior citizens living below the poverty line has earned “restricted” applauds.
“In my direct tax proposals, I have proposed 100 per cent deduction for contributions, other than by way of CSR contributions, to the Swachh Bharat Kosh,” Jaitley said. Concerned over poor town planning and encroachments, the Finance Minister has stressed for an “urban renewal”. Time has now come to look with a different perspective for a complete makeover of other cities apart from metros, he said.
On “housing for all”, he said, “We are committed to complete 2 crore houses in urban areas and 4 crore houses in rural areas.” Emphasizing on special assistance for nearly 10.5 crore senior citizens, he said: “Seventy per cent of them lives in rural areas and are BPL card holders. They also suffer from age related disabilities. Therefore, we propose new scheme for providing Physical Aids to them.”
Highlighting to engage rural youth in nation building, he said, “With rural population still forming close to 70 per cent of India’s populace, we had launched the Deen Dayal Upadhyay Gramin Kaushal Yojana. An additional Rs 1,500 crore has been set apart for this scheme. ”
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