IAS Gyan

Daily News Analysis

Pradhan Mantri Garib Kalyan Anna Yojana

12th January, 2023 Economy

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Context:

  • The Union Cabinet has approved the extension for the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY-Phase VII) for a further period of 3 months.

Details:

About:

Operation and Nodal Ministry:

Aim:

Mandate:

  • PMGKAY provides 5 kg of rice or wheat (according to regional dietary preferences) per person and 1 kg of dalto each family holding a ration card. The scale of this welfare scheme makes it the largest food security program in the world.

Evaluation:

  • As per a study conducted by International Monetary Fund, extreme poverty (less than PPP USD 1.9 per person per day) in India is less than 1 percent in 2019 and it remained at that level even during the COVID-19 pandemic year 2020.
  • Pradhan Mantri Garib Kalyan Anna Yojana has been critical in preventing any increase in extreme poverty levels in India during the COVID-19 pandemic.

https://pib.gov.in/PressReleasePage.aspx?PRID=1862944