Review of the Budget

Not so great according to the reports here, here, here!
An excerpt on how funding on NREGA might not be in the right direction from the third piece

The most dangerous announcement on Monday was the increase in daily wage under the National Rural Employment Guarantee Act (NREGA) to Rs100 per day. NREGA should be a safety net, not a hammock. Yet, the revised wage levels bring it very close to crowding out private employment in rural areas. Moreover, NREGA represents a misplaced focus on rural consumption rather than rural productivity. India’s transition from farm to non-farm will not be accomplished by NREGA-like make-work programmes—where people dig with spoons rather than shovels—but rather with a focus on improving the habitat for job creation and human capital. The explosion of NREGA expenditure and the roll-out of social security for the unorganized sector represent demographic insanity: Despite their political attractiveness, these could end up badly and permanently distorting the labour market.