Union Budget 2023: Budgetary Allocation for Food & Public Distribution Department Cut by 30%
The Centre has already discontinued the Pradhan Mantri Garib Kalyan Anna Yojana, which it had started in March 2020.
- The budgetary allocation for food and public distribution has been slashed by 30 percent.
- The new allocation under Union Budget 2023 is Rs 2,05,513 crore.
- The budgetary estimate for 2022-23 was Rs 2,96,303 crore.
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New Delhi: The budgetary allocation for food and public distribution has been slashed by 30 percent in the Union Budget for 2023-24 to Rs 2,05,513 crore. According to the Budget presented by Finance Minister Nirmala Sitharaman on Wednesday, the budgetary estimate for 2023-24 is Rs 2,05,513 crore, which is 30 percent less than the revised estimate of Rs 2,96,303 crore for 2022-23.
The scheme was discontinued on January 1, 2023. In its place, the Centre had announced that from January 1, 2023, till the end of the calendar year, it would supply free foodgrain to all Antyodaya and priority households. (Also Read: Union Budget 2023: Insurance Policies Where Premium is Above Rs 5 Lakh no More Tax Exempt)
The total expenditure of Rs 2 lakh crore on this would be borne by the government and the scheme has also been christened as Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY).
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