Phase IFoundation
Background
Overview
UCTs are a significant policy tool for poverty alleviation and social welfare, with implications for fiscal policy, governance, social justice, and electoral politics. Their effectiveness, challenges (like targeting errors), and comparison with conditional cash transfers are crucial for understanding India's development strategy.
Unconditional Cash Transfers (UCTs) are welfare schemes that provide direct financial support to beneficiaries without imposing specific conditions on how the money is spent. They aim to provide income support, reduce poverty, and empower recipients, often targeting vulnerable groups like women.