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    Question

    The IMF released paper, titled Pandemic, Poverty & Inequality: Evidence from India. The country managed to keep extreme poverty below ____% level in 2020 despite COVID-19 outbreak, by resorting to food transfers through the Pradhan Mantri Garib Kalyan Yojana (PMGKY).

    A 1 Correct Answer Incorrect Answer
    B 2 Correct Answer Incorrect Answer
    C 3 Correct Answer Incorrect Answer
    D 4 Correct Answer Incorrect Answer
    E 5 Correct Answer Incorrect Answer

    Solution

    The IMF paper, titled Pandemic, Poverty & Inequality: Evidence from India. The country managed to keep extreme poverty below 1% level in 2020 despite the unprecedented Covid-19 outbreak, by resorting to food transfers through the Pradhan Mantri Garib Kalyan Yojana (PMGKY). As many as 89.1% of rural eligible households and 77.3% of urban households, with an all-India average of 84.6%, received food transfers during the pandemic through the PDS. The supply of free grains as part of the PMGKY scheme was initially launched for the April-June period of FY21, it has been extended up to September 2022. Under the scheme, 81.35 crore people are eligible for 5 kg free wheat/rice per person per month, along with 1 kg free whole chana to each family per month.

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