13.1 C
New Delhi
Saturday, December 21, 2024

PMGKAY gets 5-year extension: Cabinet allocates INR 11.8 Lakh Crore for free foodgrain distribution

Published:

The Union Cabinet has given its nod for the continuation of the Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY), ensuring the provision of free foodgrain to the economically disadvantaged for an additional five years, with a budgetary allocation of INR 11.8 lakh crore.

Addressing a press conference, Union Minister of Information and Broadcasting, Anurag Thakur, stated on Wednesday that the Centre is extending the PMGKAY scheme. The initiative will provide 5 kg of free foodgrain per month to 81 crore impoverished people for another five years, starting from January 1, 2024.

The Minister also announced that PM Janman scheme has been approved which will cost INR 24,100 crore out of which INR 15,300 crore will be funded by Centre and remaining by states.

The scheme will provide basic facilities including housing, road connectivity, piped water, mobile medical units, solar street lighting, mobile towers.

The scheme will be implemented in 18 states and is expected to benefit 28,16,000 tribals.

Thakur also said that proposal for setting up the 16th Finance Commission has been been cleared and the terms of reference include share of central taxes between Centre and states.

The 16th Finance Commission will be for the period of five years from April 1, 2026-31.

He said there will no shortage of funds or food for Garib Kalyan Anna Yojana for over five years. The scheme will cost the government nearly INR 11.8 lakh crore over the next five years, but he emphasised that this amount is not a fixed number.

Thakur referred to this is an effort by the Prime Minister to ensure the poor people have food security and don’t have to worry about their basic needs.

SnackTeam
SnackTeamhttps://snackfax.com
SnackTeam is a specialised group of editorial staff motivated to improve the lives of individuals and society. The team intends to bring the most authentic, well-researched and dependable content for you and your loved ones every day.
Subscribe to our Newsletter!

Stay updated on the latest news, trends, and top startups with Snackfax's daily newsletter!

Related articles

Recent articles