Highlights

  • PMGKAY extended to provide free food grains for 81 crore people.
  • Scheme cost approx. ₹11.8 lakh crore, effective from January 2024.

Latest news

Dell Launches New Pro Precision AI Workstations In India, Introduces Deskside Agentic AI Platform

Dell Launches New Pro Precision AI Workstations In India, Introduces Deskside Agentic AI Platform

Oppo Enco Air5 Review: Incredible Value at ₹3,099

Oppo Enco Air5 Review: Incredible Value at ₹3,099

Samsung Galaxy A27 5G Goes On Sale In India With Cashback Offers, Zero Down Payment Schemes

Samsung Galaxy A27 5G Goes On Sale In India With Cashback Offers, Zero Down Payment Schemes

Nothing Phone (4b) First Impressions: A Strong Debut For The New 'b' Series 

Nothing Phone (4b) First Impressions: A Strong Debut For The New 'b' Series 

Samsung Galaxy A27 Review: A Dependable Mid-Ranger With Few Surprises

Samsung Galaxy A27 Review: A Dependable Mid-Ranger With Few Surprises

Union Finance Minister Nirmala Sitharaman Inaugurates Muzhiyan Kulam, Restored by Lumina Datamatics and Community Stakeholders in Puducherry

Union Finance Minister Nirmala Sitharaman Inaugurates Muzhiyan Kulam, Restored by Lumina Datamatics and Community Stakeholders in Puducherry

"Don't think anyone will be able to break his track record": Annu Kapoor hails Big B's unmatched legacy

"Don't think anyone will be able to break his track record": Annu Kapoor hails Big B's unmatched legacy

Rewriting the Rules of Business Education: Stride School of Business Unveils Its AI-First Campus Infrastructure

Rewriting the Rules of Business Education: Stride School of Business Unveils Its AI-First Campus Infrastructure

Union cabinet extends PMGKAY: Free ration scheme for 81 crore till 2028

Union Minister Anurag Thakur unveiled the proposal, highlighting its estimated ₹11.8 lakh crore financial impact on the exchequer.

Union cabinet extends PMGKAY: Free ration scheme for 81 crore till 2028

The Union Cabinet has given its nod to an extensive extension of the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY). This decision marks a significant move aimed at providing free food grains to approximately 81 crore impoverished individuals across the nation for an additional five years, extending the scheme until December 2028.

The proposal, announced by Union Minister Anurag Thakur following the Cabinet briefing, outlined the financial implications of approximately ₹11.8 lakh crore for the exchequer. This extended initiative will come into effect from January 1, 2024, with the Cabinet's unanimous agreement during their meeting held on November 28.

Minister Thakur assured that the government is well-prepared to handle any fiscal challenges arising from the extended duration of the scheme. Addressing concerns regarding inflated food subsidy bills, Thakur emphasized the government's assurance of sufficient funds, affirming that budget constraints would not impede the initiative.

The PMGKAY, initially introduced in April 2020 as a response to support the economically challenged during the COVID-19 pandemic, was later extended beyond its initial timeline. This scheme entails the allocation of 5 kilograms of food grains per month to families in need.

Last December, the government merged the PMGKAY, which distributed additional free food grains, with the National Food Security Act (NFSA). NFSA encompasses rural and urban populations, with coverage including the Antyodaya Anna Yojana (AAY) and priority households, accounting for 75% and 50% respectively.


Also Watch: BSE listed companies' market capitalisation hits $4 trillion for the first time ever

ADVERTISEMENT

Up Next

Union cabinet extends PMGKAY: Free ration scheme for 81 crore till 2028

Union cabinet extends PMGKAY: Free ration scheme for 81 crore till 2028

Step-by-step guide to apply for a mortgage loan online with minimal documentation

Step-by-step guide to apply for a mortgage loan online with minimal documentation

Honda Activa 6G: Everything You Need to Know Before Buying

Honda Activa 6G: Everything You Need to Know Before Buying

How much does a ULIP plan really cost? A break-down of all charges

How much does a ULIP plan really cost? A break-down of all charges

Centre plans to borrow Rs 8.20 lakh cr from market in first half of FY27

Centre plans to borrow Rs 8.20 lakh cr from market in first half of FY27

Reliance denies buying Iranian oil amid US sanctions waiver

Reliance denies buying Iranian oil amid US sanctions waiver

ADVERTISEMENT

editorji-whatsApp

More videos

Premium petrol price up Rs 2, industrial diesel up Rs 22; no change in normal petrol, diesel rates

Premium petrol price up Rs 2, industrial diesel up Rs 22; no change in normal petrol, diesel rates

India's GDP expected to register over 8 pc growth in Sep-Dec: Report

India's GDP expected to register over 8 pc growth in Sep-Dec: Report

Govt announces seven measures to help boost exports

Govt announces seven measures to help boost exports

RBI keeps interest rates on hold after US trade deal boosts outlook

RBI keeps interest rates on hold after US trade deal boosts outlook

RBI proposes to compensate customers up to Rs 25,000 loss due to fraud

RBI proposes to compensate customers up to Rs 25,000 loss due to fraud

RBI raises GDP growth projection of Q1, Q2 of FY27

RBI raises GDP growth projection of Q1, Q2 of FY27

RBI pauses rate cuts, retains interest rate at 5.25 pc

RBI pauses rate cuts, retains interest rate at 5.25 pc

Rupee jumps 122 paise to close at 90.27 against US dollar on India-US trade deal

Rupee jumps 122 paise to close at 90.27 against US dollar on India-US trade deal

Stock markets cheer India-US trade deal: Sensex, Nifty surge 2.5 pc

Stock markets cheer India-US trade deal: Sensex, Nifty surge 2.5 pc

UPI transactions hit record high of Rs 230 lakh crore in 2025-26 till Dec: Govt

UPI transactions hit record high of Rs 230 lakh crore in 2025-26 till Dec: Govt

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.