Daily Current Affairs on Centre named new Integrated Food Security Scheme as Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY) for RBI Assistant Exam Preparation

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Centre named new Integrated Food Security Scheme as Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY)

The Centre has named the new Integrated Food Security Scheme as Pradhan Mantri Garib Kalyan Ann Yojana, PMGKAY.

Implementation of the new scheme has started from 1st of January this year, benefiting more than 80 crore poor and poorest of poor.
The integrated scheme will strengthen the provisions of National Food Security Act in terms of accessibility, affordability, and availability of foodgrains for the poor. Necessary steps have already been taken for smooth implementation of the PMGKAY in the field.
The Central Government will spend more than two lakh crore rupees in 2023 as food subsidies under NFSA and other welfare schemes, to remove the financial burden of the poor and the poorest of the poor.