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India's Welfare Boom Tests Fiscal Prudence
India’s welfare state is undergoing one of its most significant transformations since economic liberalisation. For decades, public support revolved around subsidising essentials such as food, fuel and fertilisers. Today, that model is steadily giving way to Direct Benefit Transfers (DBTs), with cash replacing commodities and citizens gaining greater freedom to decide how best to meet their own needs. The rise of Unconditional Cash Transfers (UCTs), particularly those directed

Amey Chitale
8 hours ago5 min read
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