Under the scheme, Modi added that every Indian family member will be allowed to avail 5 kilograms of either wheat or rice, while they can get 1-kilogram chickpeas every month.
Further, he added that the "government will spend more than Rs90,000cr on expanding the scheme. This takes the total cost incurred by the government under PMGKY at Rs1.5 lakh cr".
Earlier, the deadline was set this month for the scheme.
Apart from this, Modi said that fatalities in India are still stable compared to other countries, due to the timely lockdown measures which helped save millions of Indian lives. However, he also points out that, since the government started unlocking the economy, there has been increasing negligence among people.
He has asked citizens to follow social distancing norms seriously while guiding the local authorities to be strict in enforcing rules and precautionary measures.
Ahead of the PM Modi speech, the Sensex ended at 34,915.80, down by 45.72 points or 0.13%, while the Nifty 50 finished at 10,302.10 ,down 10.30 points or 0.10%.