Responding to the Prime Minister’s Give it up campaign a large number…

Responding to the Prime Minister’s ‘Give it up campaign’ a large number of Indian families have voluntarily surrendered their cooking gas subsidy.
Identify and explain the objective behind this action taken by the Government of India.

Ans. The objective behind the ‘Give it up campaign’ initiated by the Government of India is to encourage affluent households to voluntarily surrender their cooking gas subsidy. This initiative aims to achieve two main objectives:

1. Targeted Subsidy Distribution: By persuading wealthier households to give up their subsidy, the government can redirect these funds towards providing subsidies to economically disadvantaged households who genuinely need financial assistance. This targeted subsidy distribution ensures that resources are allocated more efficiently and reach those who need them the most.

2. Fiscal Savings: Surrendering subsidies from affluent households helps reduce the government’s fiscal burden associated with providing subsidies. This results in fiscal savings for the government, which can be utilized for other developmental initiatives or to reduce budget deficits.

Overall, the ‘Give it up campaign’ serves as a mechanism for improving the effectiveness of subsidy programs, promoting fiscal prudence, and ensuring more equitable distribution of resources in the country.