Economics • Indian EconomyEasy
What is the primary objective of the 'PM-GKAY' (Pradhan Mantri Garib Kalyan Anna Yojana) implemented by the Government of India?
A. To provide free or subsidized food grains to eligible ration card holders under the National Food Security Act.✓ Correct Answer
B. To provide universal health insurance coverage for tertiary care hospitalization.
C. To offer collateral-free micro-loans to street vendors across urban centers.
D. To distribute direct cash transfers to landowning farmers twice a year.
💡 Solution & Explanation
The Pradhan Mantri Garib Kalyan Anna Yojana was implemented to provide free food grains to eligible ration card holders covered under the National Food Security Act, ensuring nutritional security during economic distress. Distractor choices referencing universal health insurance or street vendor loans describe entirely separate welfare initiatives like PM-JAY and PM-SVANidhi. Public distribution schemes are vital for welfare economics questions.
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