Cash Transfers

The Bank of England selected four native species for future banknotes after a public consultation, despite criticism from right-wing politicians who called the move "woke"

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Women enjoy handouts as much as the next person but their votes depend on meaningful political programmes

India needs evidence-based welfare policies that assess the costs, outcomes and trade-offs of cash transfers instead of allowing electoral politics to shape public spending

Can opaque database rationalisation derail the gains from women cash transfer schemes? Sanjeeb Mukherjee finds out

Women-focused cash transfer schemes now cover 120 million beneficiaries across 12 states, but tighter eligibility checks and questions over long-term impact are reshaping the debate

As more states roll out cash transfer schemes for women, a new study shows the real question is not how much they spend, but what outcomes they deliver

Widening deficits force states to rationalise and cut back outlays, reduce beneficiaries

States spent as much as 8.6 per cent of their revenue receipts on subsidies in FY18. Such spending rose to 9.4 per cent in FY21 and to 10.8 per cent in FY25

An EAC-PM study finds women's cash-transfer schemes improve savings and spending, but raises questions over their long-term fiscal sustainability

As cash-transfer politics becomes embedded in elections, the bigger challenge for states may lie not in announcing welfare promises, but in sustaining them fiscally

Crisil says expanding cash transfer schemes are supporting low-income households, but rising state borrowing and fiscal pressures could challenge their long-term sustainability

Cash transfers to women need a wider debate

The study was based on the evaluation of a maternal cash transfer programme in Jharkhand. Around 480 Anganwadi Centres (AWCs), representing 90 per cent in the state, were selected

UCT now constitutes 0.87 per cent of the gross domestic product (GDP), outpacing both MGNREGA and food subsidies shares in the economy

For those in the government committed to the idea of fiscal prudence, the challenges have got a little more difficult

Millions of rural Indians now have debit cards, yet lack access to ATMs. Such drivers are expected to contribute to the growth of ATMs in the rural regions

India's deployment of a direct cash transfer scheme and other similar social welfare programmes is a logical marvel, the International Monetary Fund (IMF) said on Wednesday. From India, there is a lot to learn. There is a lot to learn from some other examples around the world. We have examples from pretty much every continent and every level of income. If I look at the case of India, it is actually quite impressive, Paolo Mauro, Deputy Director of the Fiscal Affairs Department at the IMF, told reporters at a news conference here. In fact, just because of the sheer size of the country, it is a logical marvel how these programmes that seek to help people who are at low-income levels reach literally hundreds of millions of people, he said in response to a question on the impressive direct cash transfer programme being successfully implemented by the Indian government. There are programmes that target specifically women. There are programmes that target the elderly and farmers. Perhaps

Real Time Gross Settlement or RTGS system has cut short the risk to high-value payment settlements among financial institutions. It is used by central banks worldwide. Find out more about the system

Swift transfer of money between bank accounts has made all types of transactions smooth. Through IMPS, we can now transfer money within seconds. Let's get some clarity about this efficient platform