TMC govt. hikes monthly aid for women, unveils scheme for unemployed
GS2Polity · Governance · IR· Vulnerable sections (SC/ST, minorities, disabled, elderly, children)· Mains·
Why in news
The West Bengal government presented an interim budget for 2026-27, increasing the Lakshmir Bhandar grant for women and launching the 'Banglar Yuba Sathi' scheme for unemployed youth.
Background
The West Bengal government increased the monthly Lakshmir Bhandar grant by ₹500 and introduced 'Banglar Yuba Sathi' providing ₹1,500 to youth aged 21-40. The budget aims to reduce the revenue deficit from ₹41,164.05 crore to ₹21,759.34 crore in the 2026-27 fiscal year.
Facts for Prelims
- SchemeLakshmir Bhandar: A West Bengal state scheme providing monthly grants to women.
- SchemeBanglar Yuba Sathi: A new West Bengal scheme providing ₹1,500 to unemployed youth aged 21-40.
- FactTarget revenue deficit for 2026-27: ₹21,759.34 crore.
- FactCurrent fiscal revenue deficit: ₹41,164.05 crore.
For Mains
Q. Examine the role of direct benefit transfer (DBT) and targeted social welfare schemes in addressing gender inequality and youth unemployment in India.
Dimensions to cover in your answer
- Fiscal sustainability: Balancing high-expenditure social welfare schemes with the need to narrow the state revenue deficit.
- Targeting efficiency: Ensuring that unemployment aid reaches the intended demographic without leakage or exclusion errors.
- Human capital investment: Impact of providing direct grants versus skill-based training for long-term employment.
Keywords: Direct Benefit Transfer · Fiscal Deficit · Social Welfare · Gender Empowerment · Human Capital
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