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Outlook 2026 | Reforms, risks, and redistribution: What lies ahead for India’s policy agenda

  • Post category:Finance
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On the social front, governments’ reliance on welfare measures—especially direct cash transfer schemes—has increased markedly since Covid. The visible political dividends from such schemes, reinforced by recent assembly election outcomes, have prompted more states to adopt them. With elections due in key states such as West Bengal, Tamil Nadu, and Assam in 2026, this bipartisan preference is likely to persist in the year ahead, notes Social Analyst and Independent Policy Consultant Mohitkumar Daga.

The year 2025 brought to India’s policy landscape several significant developments across sectors while also posing quite a few notable challenges. This was also the first full calendar year for the Modi 3.0 administration. As we enter a new year, signs foretell an equally (if not more) eventful year from a policy perspective as the government seeks to manage an overall complex socio-economic environment and build on the gains from the last year.

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