- Poverty Alleviation:
- Provides a direct financial safety net to the poor.
- Helps alleviate farm distress (e.g., PM-KISAN).
- Allows poor households to meet basic needs.
- Rural Development:
- Provides cash directly to rural populations.
- Can stimulate rural demand and economic activity.
- Empowers farmers to make their own decisions, potentially leading to better resource allocation.
- Can reduce reliance on loans and cut production costs for desperate farmers.