Modi Weighs Continuing Free Grains Program Into Election Season

Indian officials are proposing to extend a free grains program well into next year’s national election season, according to people familiar with the matter, a move likely to support Prime Minister Narendra Modi’s reelection bid for a third term.

The proposal involves continuing a $24 billion program by another six months to June 2024, said the people who asked not to be identified as the discussions are private. A final decision will be taken by Modi’s office in the coming months, they added.

The extra cost is expected to be nominal and can be met through this year’s budget allocation, the people said. The initiative was launched in December last year to provide free grains to about 800 million people until end-2023. Extending the program until June next year coincides with the national vote that must be held by summer. Modi has polled above 60% in opinion surveys and is likely to lead his party to victory though there’s some voter discontent over rising unemployment and higher living costs.The free grains program has in part helped Modi and his Bharatiya Janata Party to stay ahead of the opposition in the South Asian country, which accounts for nearly 30% of the world’s low-income population.

Prolonging the program could help rein in inflation, which jumped to a 15-month high last month. Uneven monsoon rains and drier weather conditions could affect crop production, prompting the government to ban some exports of rice varieties and restrict stockpiling of food commodities.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BNNBloomberg /  🏆 83. in CA

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

[Free]* CAI vs Columbus Live Free High School Football TV Channel on 25 August 2023Columbus vs CAI Live High School Football Columbus vs CAI Live high school football is one of the greatest entertainment sports for the people of Florida.
Read more »

[Free/TV]* Efe Ajagba vs.Zhan Kossobutskiy Full Fight Live Stream ON Free TVEfe Ajagba vs.Zhan Kossobutskiy Full Fight Live Stream ON Free TV Efe Ajagba vs Zhan Kossobutskiy Betting Analysis ********************* ➡️ Copy and paste in your search bar ➡️ https://bb-ustv.
Read more »

[Free/Tv]**BKFC 49 MIAMI SLAVESKI vs LINDSEY Full Fight Live Stream freeBKFC 49 MIAMI SLAVESKI vs LINDSEY Full Fight Live Stream free **************************** ➡️ Copy and paste in your search bar ➡️ https://bb-ustv.com/boxing/ ➡️ Copy and paste in your search bar ➡️ https://bb-ustv.
Read more »

[Free]**BKFC 49 MIAMI SLAVESKI vs LINDSEY Full Fight Live Stream freeBKFC 49 MIAMI SLAVESKI vs LINDSEY Full Fight Live Stream free **************************** ➡️ Copy and paste in your search bar ➡️ https://bb-ustv.com/boxing/ ➡️ Copy and paste in your search bar ➡️ https://bb-ustv.
Read more »

[Free/TV]*South Sudan vs Puerto Rico 2023 Live Stream Free TvSouth Sudan vs Puerto Rico 2023 Live Stream Free Tv 2023 FIBA BASKETBALL WORLD CUP Live Stream On free Tv ********************* ➡️ Copy and paste in your search bar ➡️ https://bb-ustv.
Read more »

[Free]*South Sudan vs Puerto Rico 2023 Live Stream Free TvSouth Sudan vs Puerto Rico 2023 Live Stream Free Tv 2023 FIBA BASKETBALL WORLD CUP Live Stream On free Tv ********************* ➡️ Copy and paste in your search bar ➡️ https://bb-ustv.
Read more »