Active Stocks
Thu Apr 18 2024 15:59:07
  1. Tata Steel share price
  2. 160.00 -0.03%
  1. Power Grid Corporation Of India share price
  2. 280.20 2.13%
  1. NTPC share price
  2. 351.40 -2.19%
  1. Infosys share price
  2. 1,420.55 0.41%
  1. Wipro share price
  2. 444.30 -0.96%
Business News/ Budget / News/  Budget 2023: Govt plans CAPEX of 2 lakh cr under PM Garib Kalyan Anna Yojana next 1 year
BackBack

Budget 2023: Govt plans CAPEX of ₹2 lakh cr under PM Garib Kalyan Anna Yojana next 1 year

The government will be implementing from 1st January 2023, a scheme to supply free food grains to all ANTYODAYA and households for the next 1 year under Pradhan Mantri Garib Kalyan Anna Yojana.

FM Nirmala Sitharaman announces Budget 2023 on February 1st. (PTI)Premium
FM Nirmala Sitharaman announces Budget 2023 on February 1st. (PTI)

In the opening of her Budget 2023 speech, Finance Minister Nirmala Sitharaman highlighted the government's commitment to ensuring food and nutritional security across India. She announced that a scheme will be launched with effect from January 1st, 2023 to supply free food grains in the next 1 year. The government will bear a CAPEX of 2 lakh crore.

She said, “During the Covid-19 pandemic, we ensured that no one goes to bed hungry with a scheme to supply free food grains to over 80 crore persons for 28 months."

Further, she added, “continuing our commitment to ensure food and nutritional security, we are implementing from 1st January 2023, a scheme to supply free food grains to all ANTYODAYA and households for the next 1 year under Pradhan Mantri Garib Kalyan Anna Yojana."

“The entire expenditure of about 2 lakh crore will be borne by the central government," the FM added. 

This would be the last budget ahead of election next year. 

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 01 Feb 2023, 11:25 AM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App