Mint | Free public transport for women could well transform Karnataka

The Siddaramaiah-Shivakumar government’s move to provide free basic public bus services to women could be a game changer for Karnataka’s development, if it follows up to make the investments necessary to make the policy a success over the medium-term. The economic case for subsidized transport is that it has positive externalities—for growth, environment and social development—that are massive in the Indian context, and thus private players alone will not sufficiently provide. Sure, conditional cash transfers might have been a more efficient way to deliver this subsidy, but a policy that is politically feasible and empirically effective is far better than one that is merely elegant. Read the full article here.