학술논문

Macroeconomic Impact of Social Protection Programmes in India
Document Type
research-article
Source
Economic and Political Weekly, 2016 Jun 01. 51(24), 121-126.
Subject
Language
English
ISSN
00129976
23498846
Abstract
Generally, the fiscal implications of social protection programmes are evaluated, but not so much on the economic impacts these schemes have on macro aggregates such as output, employment, income and revenue. This motivated us to evaluate the economic impact of three major social protection programmes, namely, the Mahatma Gandhi National Rural Employment Guarantee Act, Indira Awaas Yojana, and the National Social Assistance Programme in 2011-12 using a social accounting matrix. It is found that these programmes have significant impacts on output across different sectors of the economy, on income generation and distribution of different household classes in urban and rural areas, on employment across different sectors of the economy, and even on government revenue generation.