Centre to spend approx Rs 11.80 lakh cr in five years on food subsidy

The Cabinet has decided that the Central government will provide free food grains to about 81.35 crore beneficiaries under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) for a period of five years with effect from 1 January, 2024. This is a historic decision that places PMGKAY amongst the World’s biggest social welfare schemes aimed at ensuring food and nutrition security for 81.35 crore persons, at an estimated cost of Rs. 11.80 lakh crore over a 5 year period.