Election Freebies in India: A Growing Concern

In Bihar, Indias poorest state, a cash handout to women secured a significant election win for PM Narendra Modi. However, this freebie culture, while beneficial for the poor, is criticized for its long-term economic impact. Despite warnings, many states are caught in this cycle, pushing deficits beyond sustainable levels, as seen in Bihars six percent GDP deficit. With more elections ahead, this trend of election-driven handouts is likely to persist. The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.