2 weeks ago
Madhya Pradesh Adds Raksha Bandhan Aid, Eyes ₹3,000 Monthly
Madhya Pradesh gives monthly financial help to women through the Ladli Behna scheme.
The usual payment is ₹1,500.
For Raksha Bandhan, the government plans to give an extra ₹250.
This would make the payment ₹1,750 for that transfer.
More than 1.25 crore women are expected to receive the money.
The government also plans to add ₹250 every month from Bhai Dooj after Diwali.
It wants the monthly payment to reach ₹3,000 by the 2028 assembly elections.
Financial experts warn that paying for this could put a large burden on the state government.
Madhya Pradesh will add ₹250 to the ₹1,500 monthly Ladli Behna assistance for Raksha Bandhan.
Chief Minister Mohan Yadav will transfer ₹1,750 each to more than 1.25 crore women.
The Raksha Bandhan transfer will total ₹2,148 crore, including an additional ₹312 crore.
The government plans to add ₹250 monthly from Bhai Dooj after Diwali.
Reaching ₹3,000 monthly by the 2028 assembly polls could cost the state ₹42,000 crore annually.
- Who
- The Madhya Pradesh government, Chief Minister Mohan Yadav, and more than 1.25 crore women enrolled under the Ladli Behna scheme.
- What
- The government will provide an extra ₹250 for Raksha Bandhan and plans further increases in the monthly assistance.
- Where
- Madhya Pradesh, with payments transferred to beneficiaries’ bank accounts.
- When
- The special payment is planned for Raksha Bandhan; monthly increases are planned from Bhai Dooj after Diwali, with a ₹3,000 target by the 2028 assembly polls.
- Why
- The Raksha Bandhan payment is an additional benefit, while the longer-term increases are linked to BJP election promises before the 2023 elections.
Government plan
Financial concerns
Expanding monthly assistance
Government plan
The government plans to add ₹250 to the monthly payment from Bhai Dooj after Diwali and eventually raise it to ₹3,000 before the 2028 assembly polls.
Financial concerns
Financial experts said arranging ₹42,000 crore every year would be difficult and would create a massive burden for the state.
Election commitment
Government plan
The planned increases are presented as fulfilling BJP promises made before the 2023 elections.
Financial concerns
Experts cautioned that fulfilling the promises would require substantial additional spending beyond the current provision.
Key facts
- Existing monthly assistance
- ₹1,500 per woman
- Raksha Bandhan payment
- ₹1,750 per woman, including the additional ₹250
- Beneficiaries
- More than 1.25 crore women
- Total Raksha Bandhan transfer
- ₹2,148 crore
- Additional Raksha Bandhan cost
- ₹312 crore
- Proposed monthly target
- ₹3,000
- Estimated annual cost at target
- ₹42,000 crore
- Current budget provision
- ₹23,882 crore for the scheme
Sources
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