The Union authorities on Friday mentioned there was no proposal at current to extend the distribution of free ration as a part of the Pradhan Mantri Garib Kalyan Yojana (PMGKAY-3) beyond November 30.
It’s as a result of the economic system is reviving and the open market sale scheme disposal of foodgrains has been exceptionally good this 12 months, Food Secretary Sudhanshu Pandey mentioned on Friday. The PMGKAY was announced in March 2020 to deal with the Covid misery. Initially, the scheme was launched for the April-June 2020 interval however was additional prolonged until November 30.
Under the PMGKAY, the federal government provides free ration to 800 million ration card holders recognized beneath the National Food Security Act (NFSA). The free ration is given over and above the subsidised grains distributed to them through ration outlets. The authorities has been giving rice and wheat to bulk shoppers beneath the OMSS coverage to enhance availability within the home market and examine costs.
According to official estimates, the Centre will bear an extra expenditure of Rs 67,266.44 crore on extending the free meals grains distribution programme for 5 months ranging from July, which along with the Rs 26,602 crore further spending on the scheme for May and June entails a complete anticipated further expenditure of Rs 93,868 crore on free meals in FY22.
This extra subsidy expenditure of round Rs 93,868 crore might be over and above the Budget Estimates of Rs 242,836 crore of meals subsidy in FY 22.