-Hindustan Times The 15th Finance Commission (FC) has to submit its report in October 2019, which will be another important event in the evolution of India’s fiscal federalism framework. The tenure of the Narendra Modi government has seen important changes in India’s fiscal federalism set-up such as the abolition of the Planning Commission (PC) and the roll-out of the Goods and Services Tax (GST). The 15th Finance Commission (FC) has to submit...
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Busting 5 concerns about Congress' NYAY scheme -Vivek Kaul
-Livemint.com If and when Congress' Nyuntam Aay Yojana, or NYAY scheme, for minimum income guarantee is implemented, it'll be the biggest basic income globally. Here's a snap analysis On 25 March, Congress president Rahul Gandhi announced the Nyuntam Aay Yojana, or NYAY scheme. The plan is to give Rs.6,000 every month to the bottom 20% of the population of around 5 crore families or 25 crore individuals. Gandhi’s proposal is not that...
More »Pathways to an income guarantee -Ram Singh
-The Hindu There is a compelling case for spending Rs. 3.6 lakh crore on the poor, but it must be done carefully The idea of a minimum income guarantee (MIG) has caught up with political parties. A MIG requires the government to pay the targeted set of citizens a fixed amount of Money on a regular basis. With the promise of the Nyuntam Aay Yojana (NYAY) by the Congress party, it is...
More »Nyay scheme will 'remonetise' what Modi 'demonetised': Rahul Gandhi
-The Indian Express Congress president Rahul Gandhi said the Nyay scheme will achieve twin objectives of giving Money to 20 per cent poorest families as well as firing up the economy. Days after announcing that the Congress would roll out a minimum income scheme guaranteeing Rs 72,000 a year to the bottom most or poorest 20 per cent of households if voted to power, party president Rahul Gandhi Thursday said the...
More »West Bengal returns Centre's PMJAY funds -Abantika Ghosh
-The Indian Express Launched on September 23, PMJAY is the tertiary care arm of the NDA government’s flagship health programme Ayushman Bharat. On the day Trinamool Congress supremo and West Bengal Chief Minister Mamata Banerjee released the party’s manifesto with a focus on national issues such as demonetisation, Kashmir and GST, the state government returned the Money received from the Centre for the Pradhan Mantri Jan Arogya Yojana (PMJAY), touted as...
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