The Central Government has announced free foodgrains under it’s NFSA (National Food Security Act, 2013) for a period of 1 year

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Dec 28, 2022

QuantEco Shots - Streamlining food subsidy

The Central Government has announced free foodgrains under it’s NFSA (National Food Security Act, 2013) for a period of 1 year. With this, the PMGKAY (free foodgrain program started post COVID) comes to an end in Dec-22. In the attached QuantEco Shots, we assess the likely impact of the announcement (fiscal, inflation etc.) and why it had become imperative to bring the PMGKAY to an end.