Cabinet approves extension of Pradhan Mantri Garib Kalyan Ann Yojana for another four months | Economy News


New Delhi: The Union  Cabinet has accepted the extension for  the  Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY-Phase V) by another 4 months to December 2021 until March 2022.

Pradhan Mantri Garib Kalyan Ann Yojana ensures 5 kg per particular person monthly free of value for all of the beneficiaries lined underneath the National Food Security Act (NFSA) [Antodaya Anna Yojana & Priority Households] together with these lined underneath Direct Benefit Transfer (DBT).

Phase-I and Phase-II of this scheme was operational from April to June, 2020 and July to November, 2020 respectively. Phase-III of the scheme was operational from May to June, 2021. Phase-IV of the scheme is at the moment operational for July-November, 2021 months.

The PMGKAY scheme for Phase V from December 2021 until March, 2022 would entail an estimated further meals subsidy of Rs. 53344.52 crore. The complete outgo in phrases of food-grains for PMGKAY Phase V is prone to be about 163 LMT.

It could also be recalled that within the wake of financial disruptions brought on by the unprecedented outbreak of COVID-19 within the nation final 12 months, the federal government in March 2020 had introduced the distribution of further free-of-cost foodgrains (Rice/Wheat) to about 80 Crore National Food Security Act (NFSA) beneficiaries on the scale of 5 Kg per particular person monthly underneath the PM Garib Kalyan Anna Yojana (PM-GKAY), over and above the common month-to-month NFSA foodgrains i.e., common entitlements of their ration playing cards.

So far, underneath the PM-GKAY(part I to IV) the Department had allotted a complete of virtually 600 LMT foodgrains to the States/UTs equal to about Rs. 2.07 Lakh Crore in meals subsidy.

The distribution underneath PMGKAY-IV is presently ongoing, and as per the experiences obtainable from States/UTs to date,  93.8% foodgrains have been lifted and almost 37.32 LMT (93.9% of July’21), 37.20 LMT (93.6% of Aug’21), 36.87 LMT (92.8% of Sept’21), 35.4 LMT (89% of Oct’21) and 17.9 LMT ( 45% of Nov’21) foodgrains have been distributed to about 74.64 Crore, 74.4 Crore, 73.75 Crore, 70.8 Crore and 35.8 crore beneficiaries respectively. 

Overall, the federal government might be incurring an expenditure of almost Rs.2.60 lakh Crore in PMGKAY Phase I- V.

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