PM Modi’s PMGKAY Is Preventing Extreme Poverty Levels In India, Reveals Study

PM Modi’s PMGKAY Is Preventing Extreme Poverty Levels In India Reveals Study, PMGKAY was critical in preventing any increase in extreme poverty levels in India, PMGKAY Is Preventing Extreme Poverty Levels In India, extreme poverty levels in India, India averted rise in extreme poverty through PM Modi’s PMGKAY, PM Modi’s PMGKAY, India averted poverty during 2020 pandemic, 2020 pandemic, PM Modi's food security scheme, food security scheme, Extreme poverty in India less than 1% even during 2020 pandemic, Extreme poverty in India less than 1%, Prime Minister Narendra Modi's food security project has been a game changer, Modi's food security project has been a game changer, PMGKAY was critical in preventing any increase in extreme poverty levels in India, PM Modi's food security scheme Latest News, PM Modi's food security scheme Latest Updates, PM Modi's food security scheme Live Updates, Mango News,

Prime Minister Narendra Modi’s food security project has been a game-changer, in reducing extreme poverty in India.  According to a study conducted by the International Monetary Fund, the Bharatiya Janata Party (BJP) led Central Government scheme, “Pradhan Mantri Garib Kalyan Anna Yojana” is helping to prevent an increase in extreme poverty levels in India.

 Despite the 2020 lockdown and extreme economic crisis, across the world, the Indian Government managed to provide food and essential commodities to the underprivileged people of India under various welfare schemes.  The study of the IMF paper mentioned, “Pandemic, Poverty, and Inequality: Evidence from India found that extreme poverty (with purchasing power parity of less than USD 1.9 per person per day) in India was less than 1% in 2019 and it remained constant even during the pandemic in 2020.”  

The study further read, “PMGKAY was critical in preventing any increase in extreme poverty levels in India and the doubling of food entitlements worked substantially in terms of absorbing the Covid-induced income shocks on the poor.”

It is to be noted, Mr. Narendra  Modi also extended the Pradhan Mantri Garib Kalyan Anna Yojana, which provides free grains to the poor, till September 2022.

Mango News Link

Telegram: https://t.me/mangonewsofficial

Google Play Store: https://bit.ly/2R4cbgN

Apple / iOS Store: https://apple.co/2xEYFJ

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here