• Latest
  • Trending
PMGKAY off; food security continues

PMGKAY off; food security continues

May 2, 2023
Hindu temple site in UAE

Diplomats from over 30 countries visit Hindu temple site in UAE

May 29, 2023
PM MODI

Entire planet counting on India-US ties: US Envoy

May 29, 2023
seed

Kaveri Seed looking at more exports to Africa, Asia

May 29, 2023
house of ming

Delhi-inspired ‘House of Ming’ Chinese restaurant in London

May 29, 2023
Foreign Portfolio Investors

FPIs invest Rs 37,316 crore in Indian equities in May

May 29, 2023
The statement of a new Parliament

New Parliament building to herald rise of developed India: PM

May 29, 2023
Photo credit ,min.of mines

Over 120 Start ups & 20 major industries to take part at maiden Mining StartUps Summit to be held on May 29 in Mumbai

May 29, 2023
indo-uk

UK to enhance science, innovation ties with India

May 27, 2023
Nepal PM Prachanda to embark

Nepal PM on 4-day India visit from May 31

May 27, 2023
medicine norms

Pharma industry should focus on quality to compete globally

May 27, 2023
Growth

India to be 4th largest economy in 2 yrs: Vaishnaw

May 27, 2023
The statement of a new Parliament

PM to inaugurate new Parliament building on May 28

May 27, 2023
  • Login
  • Register
Blitzindiamedia
Monday, May 29, 2023
Contact
e-paper
  • Economy
  • India
  • International
  • News
  • Legal
  • TheBlitz Special
  • Opinion
  • Social
  • G20 PODIUM
  • More
  • Videos
  • Hindi Edition
  • UK Edition
No Result
View All Result
  • Economy
  • India
  • International
  • News
  • Legal
  • TheBlitz Special
  • Opinion
  • Social
  • G20 PODIUM
  • More
  • Videos
  • Hindi Edition
  • UK Edition
No Result
View All Result
World first weekly chronicle of development news
No Result
View All Result

PMGKAY off; food security continues

by Blitz India Media
May 2, 2023
in India
0
PMGKAY off; food security continues
0
VIEWS

NEW DELHI: Citing improvement in the economic prospects and opening of the markets, the Cabinet has decided to do away with the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY).

However, keeping in mind the poor, the Government will continue to provide rations to the needy under the National Food Security Act (NFSA) for free. The Centre will now bear the burden of around Rs 2 lakh crore for food security.

YOU MAY ALSO LIKE

Reaching for the stars

India’s MUDRA miracle

PMGKY, a scheme that ran between April 2020 and December 2022 (except for a short period in between), and provided additional allocation of foodgrain, absorbed the shock of the pandemic for the extreme poor and also brought in political dividends for the ruling Bharatiya Janata Party in many states that had elections this year, including Uttar Pradesh in particular.

While discontinuing the scheme, the Government has said that it will bear the expenses of foodgrains under the NFSA for 2023. In other words, ration cardholders can now avail 5 kg of wheat or rice per month for free rather than at a subsidised rate, while Antyodaya Anna Yojana cardholders will receive 35 kg of free foodgrains As the estimated number of 81.35 crore beneficiaries is still based on Census 2011 numbers and Public Distribution System entitlements have been limited to ration card holders and quotas framed by the Union Government, some States have gone on to expand benefits to others through the NFSA and other schemes.

By taking on the burden of the expenditure for this distribution, the Union Government, which has estimated an additional amount of Rs 2 lakh crore for the scheme, has provided limited but welcome relief in monetary terms for States. While the expenditure numbers on food distribution and subsidy provisions seem fiscally expensive, the schemes have provided distress relief to the most needy, helped the Government control its food buffer stocks better, and also reduced wastage of procured foodgrains at a time when procurement figures for rice and wheat by the Food Corporation of India remain high. The PDS and the PMGKY have not only enabled basic food security but have also acted as income transfers for the poor by allowing them to buy other commodities that they could not have afforded if not for the benefits.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Our Visitor

023142

POPULAR NEWS

  • Rev Daaji with Sh Parshottam Rupala ji ,Member Rajya Sabha

    Following the guidance of the heart – the only way forward into future

    0 shares
    Share 0 Tweet 0
  • Scholar administrators are witness to an era

    0 shares
    Share 0 Tweet 0
  • Education with Best of the East and the West

    0 shares
    Share 0 Tweet 0
  • Grade 11 students from the Jamnabai Narsee School (JNS), Mumbai raise INR 57.69 L to support underprivileged students and their families with ration kits for a year.

    0 shares
    Share 0 Tweet 0
  • A corporate lawyer, visionary, who is promoting global prosperity & business

    0 shares
    Share 0 Tweet 0
World first weekly chronicle of development news

© 2023 Blitz India Media -BlitzIndia Building A New Nation

Navigate Site

  • About us
  • Contact
  • Videos
  • Team

Follow Us

No Result
View All Result
  • Home
  • Economy
  • News
  • Nation builder
  • Rising India
  • Multilateral
  • G20 podium
  • Globetrotting
  • New India
  • Social
  • Team
  • Download
  • Videos
  • UK Edition
  • Hindi

© 2023 Blitz India Media -BlitzIndia Building A New Nation

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In