With the latest extension, the Centre will spend an extra Rs 1.47 trillion on food subsidy for the PMGKAY this fiscal
Just months before the crucial Assembly polls in Uttar Pradesh and Punjab, the Cabinet on Wednesday not only approved the Bill to repeal three contentious farm laws, but also extended the free foodgrain distribution scheme under the Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY) for four more months from December.
Under the PMGKAY, the Centre gives an additional five kilograms of rice or wheat per month to beneficiaries of the National Food Security Act (NFSA) over and above their usual monthly quota for free.
The Centre will incur an additional expenditure of around Rs 53,344.52 crore because of the extension. It plans to distribute an extra 16.3 million tonnes (MTs) of foodgrain over this period.
First Published: Nov 25 2021 | 01:47 AM IST