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Cash transfers rise across states, boost consumption signals
short by / on Wednesday, 6 May, 2026
Cash transfer schemes now span 17 states and Delhi, up from four in 2019, according to Crisil. A ₹1,500 monthly payout covers up to 74% of rural and 51% of urban expenses for low-income households. Reports suggest this has supported consumption, though rising state debt since FY25 points to growing fiscal pressure.
read more at The Core