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India's subsidy framework is essential for providing social security and aiding vulnerable groups. Nonetheless, challenges such as inefficiencies, fiscal pressures, and leakages diminish its overall impact. This paper advocates for a streamlined subsidy system focused on Direct Benefit Transfers (DBT), dynamic targeting, and technology-enhanced monitoring. Embracing sustainable methods, behavioral incentives, and crop diversification can help decrease long-term reliance while fostering environmental sustainability. Public-Private Partnerships (PPPs) and the encouragement of agri-startups present innovative alternatives to general subsidies by introducing market-oriented solutions. By aligning subsidies with principles of efficiency, equity, and sustainability, India can develop a more robust welfare system that guarantees fiscal responsibility and supports long-term growth.
Keywords:
Subsidy Rationalization; Direct Benefit Transfer (DBT); Targeted Welfare
Cite Article:
"Target, Transform, Transition: A Roadmap for Smarter Subsidies in India", International Journal of Science & Engineering Development Research (www.ijrti.org), ISSN:2455-2631, Vol.10, Issue 8, page no.b172-b175, August-2025, Available :http://www.ijrti.org/papers/IJRTI2508123.pdf
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ISSN:
2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator