Epidemic relief: Center expands 5 kg ration scheme under PMGKAY
Under PMGKAY, the Center gives an additional five kilograms of rice or wheat per month free of cost to the beneficiaries of the National Food Security Act (NFSA) over and above their normal monthly quota.
The Center will have to incur an additional expenditure of about Rs 53,344.52 crore on account of the expansion. An additional 16.3 million tonnes (MT) of food grains are planned to be distributed during this period.
So far in this financial year, the Center has spent an estimated additional subsidy of Rs 93,868 crore on PMGKAY, which was restarted in May after the second wave of Covid-19 for two months and later extended till November had gone. A total of 8 MT and 20.4 MT of food grains were allocated for the two expansions respectively.
With the latest extension, the Center will spend an additional Rs 1.47 trillion on food subsidy for PMGKAY this fiscal. The budget for the financial year 2021-22 (FY22) had projected a food subsidy of Rs 2.43 trillion, which was 42.54 per cent lower than the revised estimate of FY15.
The deduction was made on account of additional provision made in the last few years for loans taken from the National Small Savings Fund (NSSF) to accommodate the additional subsidy required for procurement and distribution by the Food Corporation of India . Eat.
“Overall, since the scheme was first launched in March 2020, the total cost of PMGKAY after today’s extension will be around Rs 2.6 trillion,” Information and Broadcasting Minister Anurag Thakur told reporters.
<strong>agriculture law repealed</strong>
Meanwhile, the cabinet also approved the Agriculture Laws Repeal Bill, 2021 to take back three laws passed by Parliament last September.
This comes after Prime Minister Narendra Modi’s announcement on Friday that the government will withdraw three laws – Farmers (Empowerment and Protection) Agreement on Farmer Produce Trade and Commerce (Promotion and Facilitation) Act, Price Assurance and Agricultural Services Act, and Essential Commodities (Amendment) Act.
Thakur told reporters that the cabinet has completed the formalities to repeal three agricultural laws. “It will be our priority to withdraw these three laws in the upcoming session of Parliament,” he said.
The winter session will start from November 29 and end on December 23.
Repeal of the three agricultural laws was a major demand of the United Kisan Morcha (SKM), a joint organization of about 40 farmer unions who have been opposing these reforms for almost a year.
Terming the Union Cabinet’s decision as a mere formality, farmer leaders said they now want the government to address their other pending demands, most importantly a legal guarantee of Minimum Support Price (MSP).
“Today’s cabinet approval of a bill to repeal three agriculture laws, which have already been announced by PM Modi, was just a formality. Now, what we want from the government is to take our other demands,” Shiv Kumar ‘Kaka’ of Rashtriya Kisan Mahasangh (RKM) told PTI.
Bharatiya Kisan Union leader Rakesh Tikait clarified in a tweet on Wednesday that the agitation is not over yet. “This protest will not end yet. We have a meeting on November 27 after which we will take further decisions. (Prime Minister Narendra) Modi ji has said that farmers’ income will double from January 1, so I will ask them how it will happen. The victory of the farmers will be ensured when they get the right price for their crops,” said Tikait.
</div><div style="background: #fee8dd; padding: 12px; border: dashed 1px black; margin-bottom: 20px;">
Business Standard has always worked hard to provide updated information and commentary on events that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback to improve our offering has only strengthened our resolve and commitment to these ideals. Even during these difficult times arising out of COVID-19, we are committed to keeping you informed and updated with relevant news, authoritative views and sharp comments on relevant relevant issues.
However, we have a request.
As we grapple with the economic impact of the pandemic, we need your support even more so that we can continue to provide you with more quality content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. Subscribing to more of our online content can only help us achieve our goals of providing you with better and more relevant content. We believe in independent, unbiased and credible journalism. Your support through more subscriptions can help us practice the journalism we’re committed to.
support quality journalism and Subscribe to Business Standard,
this is an unedited and auto-generated supporting article of the syndicated news feed are actualy credit for owners of origin centers. intended only to inform and update you about Sakari naukri , result , UPSC , Exam Jobs etc. for Provides real or authentic news. also Original content may not have been modified or edited by Rojgar samachar team members.