Government Extends PMGKAY Scheme for 5 More Years, Projected Cost at 11.8 Lakh Crore
In a significant move catering to the welfare of the masses, the Indian government recently announced the extension of the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) for an additional five years. The scheme, aimed at ensuring food security to the vulnerable sections of society, has been pivotal in providing sustenance amidst challenging times. Initiated during the onset of the COVID-19 pandemic, this extension marks a continued commitment to supporting the marginalized communities across the nation.
The PMGKAY extension entails an estimated cost of 11.8 lakh crore, affirming the government’s dedication to safeguarding the nutritional needs of millions. The scheme encompasses the distribution of free food grains to eligible beneficiaries through the public distribution system (PDS). The provision of such substantial aid underscores the government’s resolve to mitigate hunger and ensure sustenance for those most in need.
Why this News is Important:
Ensuring Societal Welfare Amidst Uncertain Times: The extension of the PMGKAY scheme for another five years stands as a pivotal development in India’s social welfare initiatives. It holds immense significance for multiple reasons.
Addressing Vulnerabilities and Basic Needs: The extension reaffirms the government’s commitment to addressing the nutritional needs of the most vulnerable segments of society. Amidst economic uncertainties and pandemics, ensuring food security remains a critical aspect of social welfare.
Historical Context:
The PMGKAY was initially launched in March 2020 as an emergency response to the COVID-19 pandemic. It aimed to provide additional free food grains to beneficiaries of the National Food Security Act (NFSA) to mitigate the economic hardship caused by the pandemic-induced lockdowns.
Key Takeaways from “Government Extends PMGKAY Scheme for 5 More Years”:
| Serial Number | Key Takeaway |
|---|---|
| 1. | PMGKAY extended for five more years. |
| 2. | Estimated cost of extension stands at 11.8 lakh crore. |
| 3. | Aims to provide free food grains through PDS. |
| 4. | Mitigates economic burden on vulnerable households. |
| 5. | Aligns with government’s commitment to social welfare. |
Important FAQs for Students from this News
Q: What is the PMGKAY scheme?
A: The Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) is a government initiative aimed at providing free food grains to vulnerable sections of society through the public distribution system (PDS).
Q: Who are the beneficiaries of the PMGKAY scheme?
A: Beneficiaries of the PMGKAY scheme are individuals identified under the National Food Security Act (NFSA) to receive subsidized food grains.
Q: What is the duration of the extended PMGKAY scheme?
A: The PMGKAY scheme has been extended for an additional five years by the government.
Q: What is the estimated cost of the PMGKAY extension?
A: The projected cost for the extended PMGKAY scheme stands at 11.8 lakh crore.
Q: How does the PMGKAY extension benefit society?
A: The extension aims to ensure food security, alleviate economic burdens, and support vulnerable households during challenging times.
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