Business Standard

PMGKAY likely to end in December on fiscal, foodgrain constraints

"The food subsidy burden is already crossing Rs 3 trillion and we are hopeful that it will be brought down below that mark," said a senior government official

PMGKAY, Food Subsidy
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The PMGKAY was launched in March 2020 to alleviate the hardships of people affected by the pandemic, and it provides about 5 kg free grains to food security beneficiaries

Arup RoychoudhurySanjeeb Mukherjee New Delhi
The Centre is likely to discontinue the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) after December due to considerations on its fiscal position and foodgrain stocks, apart from the fact that there is no immediate political imperative to continue with it, Business Standard has learnt.

“The scheme may end after the current extension runs out. The food subsidy burden is crossing Rs 3 trillion and we are hopeful that it will be brought down below that mark as some savings may be realised,” said a senior government official.

The person conceded the point that the last extension was partly done

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First Published: Nov 22 2022 | 9:58 PM IST

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