Centre may have enough stocks to run free grain scheme this financial year

But financial considerations remain, especially if disinvestment receipts don't meet Budget target


The country is required to maintain around 21.08 MT of foodgrain (wheat and rice) in its inventory by March 31 each year as per the buffer norms.

Sanjeeb MukherjeeIndivjal Dhasmana New Delhi
As the Centre set out to decide on extending the Pradhan Mantri Gareeb Kalyan Ann Yojana (PMGKAY) free foodgrain distribution scheme for the seventh time, it faced two main challenges.

One was the fiscal consideration, given the jump in subsidy burden that another extension would entail, and the second was something the country has seldom faced in recent years, the foodgrain stock position.

The fact that it chose a limited expansion for three months shows that there are concerns on both the fiscal and grain stock fronts.

First Published: Sep 29 2022 | 5:37 PM IST

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