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Why income transfers are not enough -Harsh Mander

-The Indian Express An urban employment guarantee programme is an idea whose time has come. Temperatures are rapidly warming up in what promises to be a blistering summer of India’s electioneering. Amidst the belligerent grandstanding on national security and the communal messaging barely below the surface, Rahul Gandhi’s announcement of a minimum income guarantee scheme came as a relief, if only because it tried to steer the public discussions to the...

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The self-employment conundrum -Arindam Gupta

-The Telegraph Funding small entrepreneurs will require more bank loans, preferably collateral-free, which will generate more NPAs The government has been compelling banks to adopt a softer lending policy to promote self-employment. The Pradhan Mantri Mudra Yojana, launched in 2015, provides collateral-free loans to small entrepreneurs outside the farming sector in three categories: Rs 50,000 loan in the ‘Shishu’, Rs 5,00,000 in the ‘Kishore’ and Rs 10,00,000 in the ‘Tarun’ segments respectively....

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Jobs or doles: which is the way forward? -Mahendra Dev & Pronab Sen

-The Hindu Governments can provide direct cash transfers while creating conditions for employment With the Congress promising through the Nyuntam Aay Yojana (NYAY) scheme ?6,000 every month to the poorest 20% of households if voted to power, Mahendra Dev and Pronab Sen talk of the importance and problems of direct cash transfers. Providing social protection is important even as governments try to create conditions for income-generating activities, they say in a discussion...

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Unemployment is a silent political killer and can catch the BJP off guard in polls -Yogendra Yadav

-ThePrint.in Unemployment can become big and yet remain undetected. Its impact can lead to a critical vote swing. Is unemployment going to be the silent political killer in this election? This must be our first question, as we limp back from heightened national security anxiety towards other regular concerns in this first week after the formal announcement of the 17th Lok Sabha elections. Every available evidence points to this possibility. But as...

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Rash U-turns, half-baked plans -Jean Dreze

-The Indian Express Social policy is in danger of getting lost in electoral histrionics. As the country inches towards parliamentary elections, a deep confusion pervades the realm of social policy. When the Narendra Modi government came to power five years ago, there were high expectations of a rollback in welfare schemes. The previous government, so went the story, had gone overboard with social spending, and Modi would set this right. In...

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