Subsidy Expenses By Modi Government In FY 2021-2022
Subsidy Expenses by Modi Government: A lot has changed in the country since the start of the Corona Pandemic. After the knock of Corona in March 2020, the government had to impose a lockdown. In such a situation, its impact was most visible on the people of the weaker economic class of the country. Crores of migrant laborers were forced to return to their villages. In such a situation, the Modi government of the Center had opened its coffers to help the people. The government has spent crores of rupees for different subsidies so that people can get relief.
According to the data for the financial year 2021-2022, the government has spent about Rs 6.18 lakh on the general public through subsidies and Direct Benefit Transfer. In this, the government has spent the most money on giving free ration to the people through the Pradhan Mantri Garib Kalyan Anna Yojana. Along with this, the government has also transferred money to the farmers and laborers in their accounts through PM Kisan Samman Nidhi Yojana and E-Shram Card Scheme. Let us tell you that earlier the government had spent 63 percent less subsidy in the financial year 2020-2021. Last year the government spent about Rs 5.52 lakh crore.
So much money spent on PMGKAY scheme
After the corona epidemic started, the government decided to impose a lockdown in March 2020 to prevent infection. After this all the financial activities of the country were stopped. Along with this, a large number of people also became unemployed. The migrant laborers were forced to return to their homes. In such a situation, to help the poor and vulnerable sections of the country, the facility of giving free ration to about 80 crore people was started.
The name of this scheme was Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY). Through this scheme, millions of people of the country are given free ration every month like rice, wheat, pulses etc. The government extended the deadline for this scheme to September of this year. In the financial year 2021-22, the government has spent Rs 2.17 lakh crore on the public distribution system.
Put so much money in people’s accounts through Direct Benefit Transfer
According to the report published in News18, the government had done 783 crore transactions for direct benefit transfer in the financial year 2021-22, which was only 603 crore transactions in the financial year 2020-21. In such a situation, an increase of about 99 percent has also been seen in Direct Benefit Transfer.