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Dept of Expenditure warns against extending the free food scheme: Report

In an internal note, the FinMin's Dept of Expenditure has warned that extension of the free food scheme beyond September or any more tax cuts will have consequences for the Centre's fiscal situation

New Delhi: Union Finance Minister Nirmala Sitharaman during 'iconic week celebration' of the Ministry of Finance, in New Delhi, Monday, June 6, 2022. (PTI Photo
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Union Finance Minister Nirmala Sitharaman last month announced excise duty cut of Rs 8/litre on petrol and Rs 6/litre on diesel.

BS Web Team New Delhi

The finance ministry's Department of Expenditure has argued against extending the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) beyond September or announcing any significant tax cuts, warning of the consequences for the Centre's fiscal position, a news report said. 

 

The government in March extended the PMGKAY, the free food ration scheme rolled out during the Covid-led lockdown, for six months till