From Ladki Bahin in Maharashtra to Odisha’s Subhadra Yojana: Understanding finances behind women-centric poll doles

Political parties in India use cash transfer schemes for women as poll promises, with the Ladki Bahin Yojana significantly impacting Maharashtra's elections. As these schemes gain popularity, let's look at the financial cost of these schemes in different states.

Sharmila Bhadoria
Published26 Nov 2024, 05:21 PM IST
Women-centric cash schemes have been at the centre of politics during elections in states like Jharkhand, Maharashtra, Odisha, Madhya Pradesh, etc. Let's take a look at how much they cost to the government.
Women-centric cash schemes have been at the centre of politics during elections in states like Jharkhand, Maharashtra, Odisha, Madhya Pradesh, etc. Let’s take a look at how much they cost to the government.(Deepak Salvi)

During recent assembly elections in states like Jharkhand, Maharashtra, Odisha, etc, several political parties kept cash transfer schemes for women as one of their poll promises.

In Maharashtra, the Ladki Bahin Yojana proved to be a game changer, playing a pivotal role in securing a landslide victory for the BJP-led Mahayuti alliance in the recently held state assembly polls.

Beyond Maharashtra, similar women-centric schemes have helped political parties build a solid voter base in states like Karnataka, Haryana, Madhya Pradesh, and Odisha. 

The financial cost of women-centric schemes

These women-centric cash schemes have emerged as a powerful tool for political parties to strengthen their voter base. While they also help offer additional income to women, most of these schemes add a huge chunk of debt to state governments. 

As these schemes gain popularity, let's look at the financial cost of these schemes in different states. 

Madhya Pradesh's Ladli Behena Yojana

The BJP launched the scheme, which provides a monthly allowance of 1,250 in the Aadhaar-linked DBT-enabled bank account of women. The state government has allocated 18,984 crore for the scheme for the financial year 2024-25 (FY 24-25), a 29 per cent increase from the allocation of 14,716 crore made in the previous financial year. 

Maharashtra's Ladki Bahin Yojana

Under the scheme, the government has promised 1,500 per month assistance to eligible women. According to PRS Legislative Research, the initiative is expected to cost the government around 46,000 crore yearly. The Mahayuti alliance had promised to increase the monthly allowance amount to 2,100 if it returns to power. 

West Bengal's Lakshmir Bhandar

The Mamata Banerjee government provides a monthly allowance of 1,200 per month for women from the SC/ST community and 1,000 for women from other categories. According to PRS Legislative Research, the government allocated 14,400 crore to the scheme for FY 2024-25.

Odisha's Subhadra Yojana

The Mohan Charan Majhi- government provides 10,000 to eligible women in two instalments every year. Subhadra scheme beneficiaries are entitled to receive 50,000 over five years between 2024 and 2028-29. The government allocated 10,000 crore towards the Subhadra Yojana under the Social Welfare and Nutrition sector for FY 24-25.

Kranataka's Gruha Lakshmi Yojana

The scheme was launched by the Congress government last year. It offers 2,000 monthly benefit to the women heads of BPL families. In FY 24-25, the government allocated 28,608 crore for the scheme, which is 63 per cent of the total estimated expenditure on social welfare and nutrition, according to PR Legislative Research's analysis of Karnataka Budget FY 24-25.

Catch all the Business News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:26 Nov 2024, 05:21 PM IST
Business NewsNewsIndiaFrom Ladki Bahin in Maharashtra to Odisha’s Subhadra Yojana: Understanding finances behind women-centric poll doles

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Power Grid Corporation Of India share price

    338.70
    03:50 PM | 26 NOV 2024
    -4.15 (-1.21%)

    Adani Power share price

    437.75
    03:58 PM | 26 NOV 2024
    -9.1 (-2.04%)

    Bharat Electronics share price

    297.80
    03:54 PM | 26 NOV 2024
    5.35 (1.83%)

    GAIL India share price

    193.90
    03:54 PM | 26 NOV 2024
    -5.25 (-2.64%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Piramal Enterprises share price

    1,197.35
    03:47 PM | 26 NOV 2024
    89.55 (8.08%)

    Laurus Labs share price

    545.00
    03:29 PM | 26 NOV 2024
    12.85 (2.41%)

    Wipro share price

    589.05
    03:58 PM | 26 NOV 2024
    6.3 (1.08%)

    Federal Bank share price

    213.55
    03:51 PM | 26 NOV 2024
    0.55 (0.26%)
    More from 52 Week High

    Poly Medicure share price

    2,775.00
    03:29 PM | 26 NOV 2024
    -227.7 (-7.58%)

    Adani Green Energy share price

    899.40
    03:59 PM | 26 NOV 2024
    -68.25 (-7.05%)

    DCM Shriram share price

    1,160.00
    03:29 PM | 26 NOV 2024
    -67.3 (-5.48%)

    Fortis Healthcare share price

    664.60
    03:59 PM | 26 NOV 2024
    -36.15 (-5.16%)
    More from Top Losers

    Piramal Enterprises share price

    1,197.35
    03:47 PM | 26 NOV 2024
    89.55 (8.08%)

    Triveni Turbines share price

    824.30
    03:54 PM | 26 NOV 2024
    60.4 (7.91%)

    Capri Global Capital share price

    210.00
    03:29 PM | 26 NOV 2024
    15.35 (7.89%)

    Vodafone Idea share price

    7.53
    03:59 PM | 26 NOV 2024
    0.55 (7.88%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      78,555.00-1,090.00
      Chennai
      78,561.00-1,090.00
      Delhi
      78,713.00-1,090.00
      Kolkata
      78,565.00-1,090.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.92/L0.00
      Chennai
      100.90/L0.00
      Kolkata
      104.95/L0.00
      New Delhi
      94.77/L0.00

      Popular in News

        HomeMarketsPremiumInstant LoanMint Shorts