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So, if all of the free grains are lifted, it could value the exchequer round Rs 1.2 lakh crore this fiscal, roughly the identical as final.
The federal government will prolong the validity of a programme to distribute free grains to 80 crore folks till Diwali (November 4) from June, Prime Minister Narendra Modi stated on Monday. This can soften the Covid blow to primarily the poor and the susceptible, together with migrant staff.
The beneficiaries will proceed to get a further 5 kg of rice or wheat and 1 kg of pulses, each month underneath the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY). This distribution is over and above the provision of subsidised grains underneath the Nationwide Meals Safety Act.
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So, if all of the free grains are lifted, it could value the exchequer round `1.2 lakh crore this fiscal, roughly the identical as final.
Free ration was first offered to the poor for 8 months by November 2020 underneath PMGKAY within the aftermath of Covid-induced lockdown in 2020, , Modi stated. Because of the second wave, the federal government then determined to increase it additional.
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