06-11-2023 04:17 PM | Source: Reuters
No major fiscal impact from extended free food grain scheme -India government source

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

There will not be a major fiscal impact in full-year 2024 and 2025 because of the extension of its free food grain programme, an Indian government source said on Monday.

Prime Minister Narendra Modi said on Saturday that his government would extend the welfare scheme, which provides free grain to more than 800 million people, by five years.