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Return to Main Page of Budget 2006-2007

Indian Budget 2006-07- Full Text
Full Text of P. Chidambaram, Minister of Finance, Budget Speech(Feb 28, 2006)


12. I would like to make special mention of Bharat Nirman. It epitomizes the UPA’s approach to governance. It is a paradigm shift that will enable us to use the resources thrown up by the engine of growth for building infrastructure and bringing basic amenities to rural India. Honourable Members are aware of the six components of Bharat Nirman and the ambitious targets to be achieved by the year 2009. In the first year of its implementation, 2005-06:

• Rs.944.18 crore has been released so far as grant under the Accelerated Irrigation Benefit Programme (AIBP) and the target of 600,000 hectares of irrigation potential is expected to be created this year.

• Against the physical target of 56,270 habitations, 47,546 habitations have been covered until January, 2006 under the Accelerated Rural Water Supply Project (ARWSP)

• 5,337 habitations were connected under the rural roads programme by September, 2005, and Rs.3,749 crore has been released so far.

• 870,000 rural houses have been constructed and a sum of Rs.2,260 crore has been released till January, 2006.

• The entire allocation for rural electrification of Rs.1,100 crore has been released and the target of covering 10,366 villages is expected to be achieved in the current fiscal.

• 17,182 villages have been provided with a telephone till December, 2005 in the first year of the three year programme.

These numbers are a complete answer to those who scoffed at Bharat Nirman. We are determined to soldier on, and execute the programme in the mission mode. Since the implementation of Bharat Nirman has gathered pace, I propose to extend larger budgetary support to the programme. Including the North East component, as against Rs.12,160 crore provided in the current year, the corresponding budgetary provision will be Rs.18,696 crore in 2006-07, an increase of 54 per cent.

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