In the context of Gender Budgeting as part of the Union Budget consider the following statements 1 I...........

Indian Economy (CDS) Budgeting and Fiscal policy

In the context of Gender Budgeting as part of the Union Budget, consider the following statements:

1. It includes allocations made by different ministries that only target women.

2. Gender Budget as a proportion to the total budget has declined in the Union Budget 2021-22 as compared to the previous financial year.

3. Allocations under Pradhan Mantri Awas Yojana (PMAY) are considered entirely for Gender budgeting.

Which of the statements given above is/are correct?

1 only

1 and 2 only

2 and 3 only

1, 2 and 3

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Explanation:

? India started releasing a Gender Budget along with the Union Budget in 2005-06. The Gender Budget has two parts: o Part A includes schemes with 100 percent allocation for women such as the widow pension scheme, girls' hostel scheme, and maternity benefit scheme; o Part B with schemes allocating at least 30 percent of funds for women, such as the mid-day meals program, the rural livelihoods mission, and the biogas program. Hence statement 1 is not correct. ? In 2005-06, the Gender Budget constituted 4.8% of the total budget outlay. ? In the last financial year (2020-2021), the Gender Budget stood at Rs 1,43,462 crore or 4.72% of the total budget. In 2021-22, the Gender budget as a proportion to the Union budget has fallen to 4.4% which is Rs 1,53,326 in absolute terms. The allocation in absolute terms increased however as a proportion to the total budget, it has fallen. Hence statement 2 is correct ? Allocations for PMAY are considered 100 percent for the Gender Budget as the houses are encouraged to be in the names of women. Hence statement 3 is correct. ? The PMAY alone constituted nearly 70 percent of the allocations in Part A (of the Gender Budget) and 14 per cent of the total Gender Budget.