WILL SUBSIDY REMOVAL AFFECT THE POOR AND MIDDLE CLASS CITIZENS?

The poor masses are usually the worst hit when subsidies are cut. This is so due to their extreme dependence on government-subsidized consumer goods and services. They would have a harder time making ends meet if they had to pay more out of pocket for things like food, healthcare, and education if subsidies weren’t provided.

Government social safety nets like cash transfers, food subsidies, and healthcare subsidies can help the poor recover from the loss of subsidies. These safeguards can mitigate the impact on society’s most vulnerable of eliminating subsidies.
Government spending on infrastructure and social services may help provide employment opportunities and raise people from poverty. Construction of transportation infrastructure, educational institutions, medical facilities, and enterprise development courses are all examples.

It’s crucial for the administration to have open lines of communication with the underprivileged people and other interested parties. This can aid in making sure that the most vulnerable people in society are considered when policies and initiatives are developed.

The withdrawal of subsidies is a multifaceted problem that calls for a strategy that considers the interests of all groups, including the poor. The most vulnerable segments of society can be cushioned from the effects of subsidy elimination by government initiatives such as social safety nets, investments in infrastructure and social programs, and open discussion with stakeholders.