FM Sitharaman Allocates ₹2.27 Lakh Crore to PM-GKAY in Union Budget 2026-27

Budget
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CNBC TV18•01-02-2026, 14:50
FM Sitharaman Allocates ₹2.27 Lakh Crore to PM-GKAY in Union Budget 2026-27
- •Finance Minister Nirmala Sitharaman has allocated ₹2.27 lakh crore (₹2,27,429 crore) to the Pradhan Mantri Garib Kalyan Anna Yojana (PM-GKAY) in the Union Budget 2026-27.
- •PM-GKAY, launched in March 2020, was an emergency food security measure during the Covid-19 pandemic to support vulnerable households.
- •The scheme provided 5 kg of free foodgrains per person per month, in addition to National Food Security Act (NFSA) entitlements, to nearly 80 crore beneficiaries.
- •Government spending on PM-GKAY significantly increased food subsidy bills, reaching over ₹4.2 lakh crore in FY21.
- •In January 2023, PM-GKAY was merged with NFSA, making free foodgrains a permanent entitlement, with budget allocations now reflecting NFSA costs.
Why It Matters: FM Sitharaman allocates ₹2.27 lakh crore to PM-GKAY, reinforcing government's commitment to food security.
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