Subsidy Bills by Modi Authorities: Lots has modified within the nation because the begin of the Corona Pandemic. After the knock of Corona in March 2020, the federal government needed to impose a lockdown. In such a state of affairs, its influence was most seen on the individuals of the weaker financial class of the nation. Crores of migrant laborers had been pressured to return to their villages. In such a state of affairs, the Modi authorities of the Heart had opened its coffers to assist the individuals. The federal government has spent crores of rupees for various subsidies so that individuals can get aid.
In keeping with the information for the monetary 12 months 2021-2022, the federal government has spent about Rs 6.18 lakh on most of the people by subsidies and Direct Profit Switch. On this, the federal government has spent probably the most cash on giving free ration to the individuals by the Pradhan Mantri Garib Kalyan Anna Yojana. Together with this, the federal government has additionally transferred cash to the farmers and laborers of their accounts by PM Kisan Samman Nidhi Yojana and E-Shram Card Scheme. Allow us to let you know that earlier the federal government had spent 63 p.c much less subsidy within the monetary 12 months 2020-2021. Final 12 months the federal government spent about Rs 5.52 lakh crore.
A lot cash spent on PMGKAY scheme
After the corona epidemic began, the federal government determined to impose a lockdown in March 2020 to forestall an infection. After this all of the monetary actions of the nation had been stopped. Together with this, a lot of individuals additionally turned unemployed. The migrant laborers had been pressured to return to their houses. In such a state of affairs, to assist the poor and susceptible sections of the nation, the ability of giving free ration to about 80 crore individuals was began.
The title of this scheme was Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY). By this scheme, hundreds of thousands of individuals of the nation are given free ration each month like rice, wheat, pulses and so forth. The federal government prolonged the deadline for this scheme to September of this 12 months. Within the monetary 12 months 2021-22, the federal government has spent Rs 2.17 lakh crore on the general public distribution system.
Put a lot cash in individuals’s accounts by Direct Profit Switch
In keeping with the report revealed in News18, the federal government had accomplished 783 crore transactions for direct profit switch within the monetary 12 months 2021-22, which was solely 603 crore transactions within the monetary 12 months 2020-21. In such a state of affairs, a rise of about 99 p.c has additionally been seen in Direct Profit Switch.
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