HomeIndiaNo main fiscal impression from prolonged free meals grain scheme -India govt...

No main fiscal impression from prolonged free meals grain scheme -India govt supply

Indian Prime Minister Narendra Modi attends Partnership for World Infrastructure and Funding occasion on the day of the G20 summit in New Delhi, India, September 9, 2023. REUTERS/Evelyn Hockstein/Pool/File Photograph Purchase Licensing Rights

Nov 6 (Reuters) – There is not going to be a serious fiscal impression in full-year 2024 and 2025 due to the extension of its free meals grain programme, an Indian authorities supply mentioned on Monday.

Prime Minister Narendra Modi mentioned on Saturday that his authorities would prolong the welfare scheme, which gives free grain to greater than 800 million individuals, by 5 years.

Reporting by Nikunj Ohri in New Delhi, writing by Shilpa Jamkhandikar, Modifying by Louise Heavens

Our Requirements: The Thomson Reuters Belief Ideas.

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