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.
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.
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.
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.
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.
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.
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.
