Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
Food subsidy bill for FY24 to breach ₹2 tn
Mint Mumbai
|January 18, 2024
Additional ₹5,600 crore is needed for decentralized procurement of foodgrains under the PMGKAY scheme
The Union government’s food subsidy bill for fiscal year 2023-24 is likely to overshoot the budgeted estimate of ₹1.97 trillion, prompting the food department to seek additional funds primarily to support its flagship programme.
Revised allocation for the ongoing fiscal year is expected to go up by 3% to ₹2.02 trillion, a top official of the department of food and public distribution told Mint.
The department needs an extra ₹5,600 crore for decentralized procurement of foodgrains under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) scheme, and sugar subsidy for families covered under the Antyodaya Anna Yojana programme, this official said, declining to be identified.
Cette histoire est tirée de l'édition January 18, 2024 de Mint Mumbai.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint Mumbai
Mint Mumbai
BYD bursts into top 5 of India's EV firms
In the back of an almost 80% surge in sales this year so far, Chinese carmaker BYD has jumped to the fifth spot in India's electric vehicle (EV) pecking order and is revving for more.
2 mins
December 02, 2025
Mint Mumbai
Mandatory govt app on phones may spur industry pushback
A push by the Centre to phone-based curb scams by mandating a government app on every smartphone in circulation is likely to be opposed by the world's largest handset makers including Apple, Google, Samsung and even industry bodies, according to multiple executives Mint spoke with.
3 mins
December 02, 2025
Mint Mumbai
India's CAD moderates in Q2
India’s current account deficit (CAD) moderated in the July-to-September quarter on the back of a lower merchandise trade deficit, the Reserve Bank of India said on Monday.
1 mins
December 02, 2025
Mint Mumbai
GST reset riddle
India’s latest data on goods and services tax (GST) collections was keenly awaited as a signal of the impact of midyear rate cuts.
1 min
December 02, 2025
Mint Mumbai
MEGA BANK MERGER: WILL IT AMPLIFY RISK?
The government is reportedly preparing for another round of public sector bank (PSB) consolidation, five years after the last major merger exercise brought the number of state-owned lenders down to 12 from 27.
3 mins
December 02, 2025
Mint Mumbai
Anil Ambani moves SC over fraud tag
Industrialist Anil Ambani has moved the Supreme Court challenging an order of the Bombay High Court which upheld the State Bank of India’s (SBI) decision classifying his and Reliance Communications’ accounts as fraud.
1 min
December 02, 2025
Mint Mumbai
Mehli Mistry quits Ratan Tata’s Small Animal Hospital
Tata Trusts’ former trustee and late Ratan Tata’s close confidant, Mehli Mistry, has resigned from the board of his friend's cherished project, Small Animal Hospital Trust, which claims to have become India’s largest specialty hospital for pet animals.
1 mins
December 02, 2025
Mint Mumbai
UK lawmaker Tulip Siddiq sentenced in Bangladesh graft case
Bangladesh court sentenced British lawmaker and former minister Tulip Siddiq in absentia to two years in jail on Monday in a corruption case involving the alleged illegal allocation of a plot of land, prosecutors said.
1 min
December 02, 2025
Mint Mumbai
Rupee at record low, no US deal drags
The rupee slid to a record low on Monday, pressured by maturing non-deliverable forward positions alongside a persistent bearish pall on the currency as India remains the among the few major economies without a trade deal with the US.
1 min
December 02, 2025
Mint Mumbai
KOCHI'S BOATS CHART A NATIONAL COURSE
India wants to modernize its ancient waterways for mass transit. Can it be a game changer?
8 mins
December 02, 2025
Listen
Translate
Change font size