Page 2 - Pmgky

Second Covid wave, global prices could derail Centre's FY22 subsidy maths

The Centre's plan to start FY22 on a clean slate seems to have gone for a toss within just six months after it cleared the food subsidy backlog and paid its pending liabilities to NSSF

Centre to spend extra Rs 93,868 crore for running PMGKAY-3 in FY22

Cabinet approves extra spending of Rs 67,266.44 crore for five months; earlier extra amount of Rs 26,602 crore was estimated for May and June, 2021

28 states/UTs start lifting grains for free distribution under PMGKAY

This is taking place under the Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY).

Centre gears up to distribute free foodgrains to poor under PMGKAY from May

The Centre on Saturday said it is gearing up for monthly distribution of additional 5 kg of foodgrains for free to 800 million PDS beneficiaries from May 1

Centre's Garib Kalyan Scheme and the reality of a burgeoning subsidy bill

While govt would have saved Rs 18,000 cr by distributing 33 mn tonnes of grains that would otherwise have gone waste, its subsidy payout amounts to Rs 45,000 cr

India needs to leverage performance of farm sector to push growth: Subbarao

Echoing a similar view Raghuram Rajan, Subbarao's successor at the RBI, said one positive factor for the Indian economy is that the agriculture sector is doing well

Be sensitive to poor; implement PMGKAY proactively: Govt to laggard states

Govt said some states like West Bengal and Bihar are lagging behind in distribution of free ration under the PMGKAY and they should be more "sensitive" towards the poor

PMGKY extended with an eye on Bihar polls: Maharashtra Cong chief

Maharashtra Congress chief Thorat also pointed out that the PM did not say anything about the stand- off with China in eastern Ladakh in his address

Extension of PMGKY shows sensitivity of PM Modi towards the poor: Amit Shah

Amit Shah said the extension of PMGKAY, a programme to provide free ration for over 80 crore people, shows the sensitivity of PM Modi to the millions of poor and their welfare

PM Garib Kalyan Rozgar Yojana to be continue till November end: Key points

PM said every member of household will get 5 kg or rice or flour every month until the end of November, in addition to 1 kg chana every month for each family

PM Modi extends PM Gareeb Kalyan Anna Yojana till end of November

The scheme which was to cost Rs 60,000 cr initially will now cost Rs 90,000 cr adding up to Rs 1.5 trillion in expenditure by the govt

EPFO settles 3.6 mn claims of Rs 11,540 cr in April-May; 1.5 mn under PMGKY

The Covid-19 advance has been a great help to EPFO members during these difficult times, especially for the members with monthly wages of less than Rs 15,000

Stimulus 2.0: Rs 40,000-crore boost to MGNREGS was a work in progress

The sum was debated and it became clear it would have to be similar in scale to the support given under the Pradhan Mantri (PM) Garib Kalyan Yojana (PMGKY)

Govt disbursed Rs 18,253 cr to 90 mn farmers under PM-KISAN: FM Sitharaman

Under the PM-KISAN (Pradhan Mantri Kisan Samman Nidhi) scheme, each farmer gets Rs 6,000 in a year in three equal installments directly in bank account

Only Rs 5,000 cr unaccounted income was declared under PMGKY: Hasmukh Adhia

The revenue secretary asserted that the response to PMGKY was not so good

Only Rs 5,000 crore declared in PMGKY for black money: Govt

Keep in mind that PMGKY in that financial year was not an isolated scheme, says Finance Minister

IDS-II nets only Rs 4,600 cr

This amount is just about 10% of the previous IDS

CBDT to allow PMGKY declarations till Apr 10 if tax, penalty paid by Friday

Those who do not surrender even during searches will face penalty and tax at 137.25%

Face 'de-authorisation', govt to banks on non-acceptance of PMGKY tax

Post note ban, unaccounted cash can be deposited under PMGKY in banks till March 31

Cooperative banks barred from accepting deposits under tax amnesty scheme

A move that comes amidst the I-T department uncovering anomalies post demonetisation