December 27, 2010 6:42 PM

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Centre plans to increase spending on social activities: Pranab

The Centre is planning to increase the spending on social activities with a rise in government revenue. Finance Minister Pranab Mukherjee said at Behrampore in West Bengal that the government is keeping aside a major portion of the budget for social activities and this share is going up from 2.43 lakh crore rupees last year to 3.25 lakh crore rupees during current fiscal.The government's spending has increased in its major initiatives like the NREGA, Right to Education, Sarva Shiksha Abhiyan, etc.Mukherjee said the government's income will increase once business and industry flourish and more employment is generated through such schemes. The government has targeted to include unbanked 73,000 villages into banking services by 2012.

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