Welfare. Budget 2023: Provided free foodgrains to 80 crore poor people; no one went hungry during pandemic, says FM

PTI Updated - February 01, 2023 at 01:43 PM.
 Finance Minister Nirmala Sitharaman holds up a folder with the Government of India’s logo as she leaves her office to present the federal budget in the parliament, in New Delhi, India, February 1, 2023. REUTERS/

The government ensured that no one went hungry during the pandemic by providing free foodgrains to 80 crore poor people, Finance Minister Nirmala Sitharaman said on Wednesday.

Vote now: Budget 2023: Will the new Income Tax rate slabs benefit the middle class?

In times of global challenges, G-20 presidency gives an opportunity to strengthen India's role in the global order, she added.

The government is implementing scheme to supply free foodgrains to poor under Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY) with expenditure of ₹2 lakh crore from January 1, the finance minister said.

Read: Union Budget 2023-24 Live updates

Agriculture and allied sector growth has been buoyant through the years on the back of the measures adopted by the government to augment crop and livestock productivity, returns to farmers through price support and by promoting crop diversification. Private investment in agriculture sector has increased by 9.3 per cent in FY21 (7 per cent in FY20).

Published on February 1, 2023 05:55

This is a Premium article available exclusively to our subscribers.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

You have reached your free article limit.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

You have reached your free article limit.
Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

TheHindu Businessline operates by its editorial values to provide you quality journalism.

This is your last free article.