Published Paper Details:

Launched in 2023, the Mukhyamantri Ladli Behna Yojana (LBY) in Madhya Pradesh provides direct monthly financial assistance to women with the aim of fostering their economic independence and improving overall socio-economic conditions. This research explores the long-term viability of the scheme's secondary effects, such as increased local market activity, enhanced participation in entrepreneurship, and expanded financial inclusion, in the context of fiscal constraints and growing state-level debt. Employing a mixed-methods approach, the study examines whether these outcomes contribute to sustained economic development or create risks of financial dependency. Findings indicate that LBY has a positive impact on grassroots economic stimulation and women's empowerment; however, its future success hinges on complementary measures like skill development, expanded access to microfinance, and diversified state revenue streams. The study recommends structural reforms to ensure the program's long-term fiscal and economic sustainability.