The transfers range from 1,000 rupees ($10.5; £7.7) to 2,500 rupees per month, depending on the state. But a median cash transfer of 1,500 rupees per month could be covering 74% of monthly expenditure in rural areas and 51% in urban areas for the bottom 20% of households, making them a “new buffer for India’s household consumption”, Crisil Intelligence said in a recent report.
BBC News
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