Women-centric welfare schemes have ripple effects—Indian states should enhance their cash transfers
Second, these transfers raised spending, though not enough to exhaust the income gain. In Maharashtra, monthly expenditure rose about 46%, implying a marginal propensity to consume of about 0.9, which means that about 90% of the ₹1,500 transfer was spent. Odisha’s spending rose about 28%. These findings suggest that predictable cash transfers have strengthened household liquidity, consumption support and short-term financial stability.
Post Comment