https://www.taxtmi.com/news?id=32188 Government welfare schemes, delivered through fiscal transfers such as food subsidies, subsidized fuel, insurance and Direct Benefit Transfers, have increased resources for low-income households and disproportionately benefited lower consumption groups, thereby stimulating consumption and income-generating activity. The Economic Survey 2024-25 links rising social services expenditure, growth in education and health outlays, widespread ration-card coverage, and progressive subsidy incidence to declining Gini coefficients and a narrowing urban-rural consumption gap, with the largest MPCE gains recorded among the poorest percentiles. en-us Fri, 31 Jan 2025 17:46:52 +0530 Fri, 31 Jan 2025 17:46:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=32188 Government welfare schemes, delivered through fiscal transfers such as food subsidies, subsidized fuel, insurance and Direct Benefit Transfers, have increased resources for low-income households and disproportionately benefited lower consumption groups, thereby stimulating consumption and income-generating activity. The Economic Survey 2024-25 links rising social services expenditure, growth in education and health outlays, widespread ration-card coverage, and progressive subsidy incidence to declining Gini coefficients and a narrowing urban-rural consumption gap, with the largest MPCE gains recorded among the poorest percentiles. News - Fri, 31 Jan 2025 17:46:52 +0530 https://www.taxtmi.com/news?id=32188