Govt’s FY23 food subsidy bill likely to cross Rs 3L cr

The government’s food subsidy bill is likely to cross Rs 3 lakh crore during the current financial year, nearly 50% more than the budget estimate of Rs 2lakh crore. This is primarily due to the extension of free foodgrain scheme, PM Garib Kalyan Ann Yojna (PMGKAY) till December. According to estimates, this will be the second highest subsidy outgo for providing highly subsidised and free foodgrains to nearly 80 crore identified beneficiaries.

from Times of India https://ift.tt/KblPsNp