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The size of the Budget has come down from 16% of GDP in 2021-22 to 15.3% of GDP in 2022-23 and is slated to fall further to 14.9% next fiscal

Provided free foodgrains to 80 crore poor people: Sitharaman


The government ensured that no one went hungry during the pandemic by providing free foodgrains to 80 crore poor people, Finance Minister Nirmala Sitharaman said on Wednesday.

In times of global challenges, G-20 presidency gives an opportunity to strengthen India’s role in the global order, she added.

The government is implementing scheme to supply free foodgrains to poor under Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY) with expenditure of Rs 2 lakh crore from January 1, the finance minister said.

Agriculture and allied sector growth has been buoyant through the years on the back of the measures adopted by the government to augment crop and livestock productivity, returns to farmers through price support and by promoting crop diversification. Private investment in agriculture sector has increased by 9.3 per cent in FY21 (7 per cent in FY20).

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