The Gujarat government has introduced a novel approach to subsidy allocation, focusing on direct benefit transfers to farmers. By leveraging technology, the state aims to reduce leakage and enhance efficiency. This initiative, launched on February 10, is expected to benefit over 1 million farmers, with estimated savings of ₹500 crore.
The program’s success will be crucial in shaping the state’s fiscal policy. With a budget allocation of ₹5,000 crore, the government is optimistic about the outcomes. This subsidy reform is a step towards achieving fiscal prudence and promoting sustainable agriculture practices.