New Delhi | Jagran Business Desk: The Finance Minister Nirmala Sitharaman on Sunday announced the fifth and final tranche of Rs 20 lakh crore economic stimulus announced by Prime Minister Narendra Modi. She said that the government will now allocate an additional Rs 40,000 crores to MGNREGS to provide an employment boost.

"Govt allocates additional Rs 40,000 cr over and above Rs 61,000 cr budgeted for MGNREGS to generate more jobs," Sitharaman said as quoted by PTI.

It will help generate nearly 300 crore person-days in total.

Address need for more work include returning migrant workers in Monsoon season as well.

Create larger number of durable and livelihood assets including water conservation assets.

It will also boost the rural economy through higher production.

Earlier the Finance Minister on Thursday had said that the migrant workers, who are returning to their native villages, will get MGNREGA support.

"We have already generated 14.62 crore person-days of work till 13th May, which is 40-50 per cent more persons enrolled as compared to last May. Migrant workers going back to their states being actively enrolled," Sitharaman was quoted as saying by ANI.

Sitharaman had also stated that eight crore migrant workers will get five kgs of grains and one kg of pulses free for two months, adding Rs 3,500 crore will be spent on this intervention for two months. The cost will be fully borne by the central government.

Besides this, the Finance Minister also said that public expenditure on health will be increased, she said without giving details. Investments in grassroot health institutions to be ramped up, she added. 

She also announced programme for multi-mode access to digital or online education to be launched immediately [One earmarked TV channel per class from 1 to 12 (one class, one channel)].

Top-100 universities will be permitted to automatically start online courses by May 30, she said. 

more details awaited.

Posted By: James Kuanal