The distribution of free rations under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) in the state was considered a major reason for the BJP's victory in the Uttar Pradesh assembly elections. Are preparations underway to discontinue this scheme now? According to media reports, such discussions have started after a plea by the Department of Expenditure, Ministry of Finance. The Department of Expenditure has warned that the continuation of PMGKAY beyond September and any tax reduction may hurt the fiscal position of the central government.
The scheme was started in the lockdown due to Corona
The government had launched the PMGKAY scheme across the country to provide free rations to the poor people during the lockdown imposed due to the Corona epidemic. In March this year, the scheme was given an extension of six months.
According to an ET report, the central government has made a provision of Rs 2.07 lakh crore for food subsidy in the current financial year, while by September, the subsidy bill is expected to increase to around Rs 2.87 lakh crore due to the distribution of free food grains under PMGKAY. . In such a situation, if the government extends PMGKAY for the next 6 months after September, then it will put a burden of Rs 80,000 crore on the exchequer and in that case the food subsidy is expected to increase to Rs 3.7 lakh crore in the year 2023.
Tax cuts will also increase the trouble
The Department of Expenditure, Ministry of Finance, in an internal note, has mentioned that due to the extension of time of tax deduction and food subsidy, will hurt the exchequer. It has also been said in the media reports that whether based on food security or the basis of the condition of the financial position, in no case extension of the PMGKAY can be advised in the present circumstances. Now in such a situation, the big question has arisen that whether the government will stop the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) after September?
Bangladesh Violence: Suspected of theft, a Hindu youth was chased by a mob and jumped into a canal to save his life; he drowned.
The violence against minorities in Bangladesh shows no signs of abating. The latest incident of violence against Hindus occurred in the Mahadevpur area of Naogaon district. A Hindu man, chased
When and where will the second part of Stranger Things Season 5 be released? Note the release date and time.
Good news for Stranger Things fans! The wait is over. The much-awaited Season 5 has been released, and as expected, it's already taken the internet by storm. The release of the first part has sent
Navy tests BrahMos from a ship: The missile hit the target accurately in the Arabian Sea; Sukhoi was tested 2 months ago
Indian Navy has successfully tested BrahMos from its ship in the Arabian Sea. BrahMos missile with a DRDO-designed booster carried out a precision strike on a target in the Arabian Sea. The missile
... so will the days of lockdown, masks, and social distancing return to India, know here the answers to all your questions
Coronavirus in India: Once again China has come under the grip of Corona. The epidemic has created an outcry in China. The situation is very bad and experts from all over the world have expressed
Indian Rupee: The rupee strengthens by 12 paise, at the top of a week, the support provided by softening crude oil prices
The rupee on Monday gained 12 paise to close at 79.78 against the dollar. This is the one-week high of the rupee since July 14. A rise in other foreign currencies and a softening in crude oil
RBI Digital Currency: Digital Rupee for the common man from tomorrow, know how it will work, what are its benefits?
The Reserve Bank of India on Tuesday announced the launch of the first pilot project of the retail digital rupee. It will start on December 1, 2022. At present, this digital currency will be launched
Virat Kohli: Is Virat Kohli's biopic coming? Actor Gurmeet replied, said- the opening will be 200-300 crores
Former captain Virat Kohli is considered one of the greatest batsmen in Indian cricket history. Known for his aggressive batting, fitness, and passion, Kohli made his mark in international cricket at
Support for the Waqf Amendment Act proved costly, mob set BJP leader Askar Ali's house on fire.
In Manipur, BJP leaders had to pay a heavy price for supporting the Waqf Amendment Act. The mob set his house on fire. According to the police, Askar Ali, president of the BJP Minority Front in
Haryana Budget 2025: CM Saini will present a budget of 2 lakh crores; 'Pitara' will open for farmers, youth, and women power
The entire bureaucracy is busy preparing the budget of Haryana for the year 2025-26. While Chief Minister Naib Singh Saini has received suggestions from about 10 thousand people from across the state,
Three terrorists were killed in an encounter between security forces and terrorists in Kupwara, Kashmir, they had attempted to infiltrate LoC
Terrorists have attempted to infiltrate the Line of Control under District Kupwara in North Kashmir (Kupwara Encounter). It is reported that three terrorists have been killed in two separate
