Five Promises: Economic Perspective
E- Newsletter - Rajneeti - Department of Political Science - Bangalore University - Vol. 3, Issue 3 - 2023
Posted: 29 Apr 2024 Last revised: 21 May 2024
Date Written: July 16, 2023
Abstract
An Economic Analysis of Freebies Freebies are defined as public welfare measures provided free of charge (RBI Bulletin, 2022). Though not synonymous, freebies and Socio-economic welfare programmes are used as synonymous depending on the situation, circumstances and individual. All Freebies are not socio-economic welfare programmes, but all socioeconomic welfare programmes by the government are generally provided free. There is a thin line between social and economic welfare programmes and freebies.
Keywords: Freebies, guarantee programmes, Welfare state, human capital
JEL Classification: O10
Suggested Citation: Suggested Citation