Minister of Finance of India, Pranab Mukherjee said it would raise the annual State budget expenditures Taj Mahal is approximately 17 percent.
The increase was used to project program malnutrition and issues related to health.
“This country has been long enough to bear the burden of hunger and malnutrition. Therefore, the allocation for social sectors will be increased to 17 percent during the year,” he said, quoted by the Associated Press (AP), Tuesday (01/03/2011).
Further, he explained, when the government plans to spend approximately USD 5,9 billion for the health sector in the next fiscal year. This amount increased by approximately 20 percent from the previous year. Meanwhile, education spending is planned to be increased.
“A Legal Plan (draft) national food security, which will provide legal guarantees of subsidized food to low-income families will soon be disseminated in the near future,” he said.
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