If 2,80,000cr is already being transferred, then what are we doing?
Economic inequality continues to remain high, with wealth and affluence being concentrated in the hands of a few while many middle- and low-income households struggle to access even necessities. In 2022-23, there is a stark gap of 7-10x between the highest and lowest average monthly per capita income in the country.
Such disparities undermine the welfare, opportunities and aspirations of our people and jeopardizes prospects for long-term social and economic development of the country. There is a need for widespread coverage and investment oriented cash transfers to sustainably bridge this divide.