Headline: UCT Surge: India’s ₹2.8 Lakh Crore Welfare Gamble
A groundbreaking national report reveals a dramatic 23-fold increase in Unconditional Cash Transfers (UCTs) across India over the past decade. The total allocation for 2024-25 reached a staggering ₹2,80,780 crore.
This represents a significant 0.9% of India’s GDP, highlighting the growing reliance on direct cash transfers as a welfare tool. The report, the first of its kind, meticulously charts this unprecedented growth.
The study further analyzes the impact of UCTs on various socio-economic indicators, offering valuable insights into their effectiveness. It also proposes a citizen-centric roadmap for optimizing future UCT programs.
Experts are now debating the long-term implications of this massive investment, questioning its efficacy and sustainability. The report’s recommendations will be crucial in shaping future welfare policies and ensuring equitable distribution of resources. The success of this approach will be pivotal in achieving a more inclusive and dignified India.