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Rahul Gandhi's minimum income for poor faces 3 challenges -- cost, targeting & delivery Saksham Khosla

-ThePrint.in Rahul Gandhi’s announcement is certainly good politics, but does it make for good economics? Congress president Rahul Gandhi’s announcement on a minimum income guarantee for the poor, coming days before the narendra modi administration unveils its own income support plans in the interim budget, certainly makes for good politics. But does it make for good economics? With the stress on farmer incomes and rural wages reaching crisis proportions, efforts to loosen the...

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Budget 2019: Behind Chest Thumping, Cuts in Welfare and Silence on Jobs -Subodh Varma

-Newsclick.in The Interim Budget granted a paltry Rs 500 per month to farmers as relief, fund cuts for dalits, adivasis and minorities, and was silent on agricultural and industrial workers. It was the theatre of absurd in the Lok Sabha on Friday as replacement Finance Minister Piyush Goyal presented the Interim Budget through an election speech, tom-tomming the so-called achievements of the narendra modi government over the past five years, offering an...

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Only 3% Mudra loans can generate monthly income of more than 10,000 -Prasanna Mohanty

-India Today The narendra modi government has claimed that its flagship Mudra loan scheme is generating employment. But, data shows a miniscule number of Mudra loans generate a return that satisfies even the minimum wage requirement. * The Modi-led govt has been showcasing the Mudra loan scheme to claim that millions of jobs are being created * There is no official data available on the number of jobs created due to the Mudra...

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The boundaries of welfare -Prabhat Patnaik

-The Indian Express Interim budget indicates that the government’s electoral strategy is to win over the ‘intermediate classes’ while ignoring the poor. The narendra modi government has now carried its penchant for undermining institutions to the national budget itself. Not only has it treated what should have been an interim budget, as its tenure lasts barely two months into the new financial year, as a full-fledged budget, but it has also...

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Farm Loans Across Country Will Be Waived If Congress Comes To Power At Centre: Rahul Gandhi

-Outlook "The Congress governments in Madhya Pradesh, Rajasthan and Chhattisgarh have waived farmers' loans as promised," he said, adding, "If a Congress-led government comes to power in Delhi, farm loans will be waived across the country." Congress president Rahul Gandhi Sunday said his party would waive farm loans and give a big push to the food processing industry if voted to power in the Lok Sabha elections Alleging that the Centre's crop insurance...

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