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NYAY to be implemented without additional taxes on middle class: Manmohan Singh

-The Hindu Business Line The former PM added that the economic stimulus that NYAY will provide will further help in fiscal discipline India's nearly $3 trillion economy has the fiscal capacity to absorb the expenditure to fund NYAY, the minimum income support scheme promised by Congress Party, without the need for any new taxes on the middle class, former Prime Minister of India, Dr Manmohan Singh, said. NYAY scheme -- announced by Congress...

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Why do India's governments have no long-term plans to tackle poverty through education? -Anirudh Krishna

-Scroll.in It is time for citizens to set an agenda for long-term governance, writes Anirudh Krishna in this excerpt from ‘Re-forming India’. Fixing the cycle of poverty – preventing descents and enabling escapes – is eminently possible. Other middle-income countries have much lower levels of poverty. It requires, however, that things work well in the public realm – that everyone, and not just the few who are assisted currently by social service...

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Universal basic income not a panacea for poverty -Piyush Kamal

-The Pioneer In the absence of any sunset clause or distinct feature to identify the beneficiaries who succeed in climbing themselves out of poverty, the scheme of direct cash transfer as an income support welfare measure and as a potent tool of empowerment does not sound convincing even on paper Thanks to the proposal for the universal basic income, it has become a topic for discussion as one-fifth population of this country...

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'Early brain function affected in poor kids'

-The Hindu Study says children from lower income background had weaker brain activity Children born into poverty show key differences in early brain function, according to new research from the University of East Anglia (UEA). Researchers studied the brain function of children aged between four months and four years in rural India and found that children from lower income backgrounds, where mothers also had a low level of education, had weaker brain activity...

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Rahul's minimum income plan is fatally flawed -SA Aiyar

-The Times of India blog Indira Gandhi’s ‘Garibi Hatao’ swept the polls in 1971. Rahul Gandhi hopes to follow suit with NYAY (Nyuntam Aay Yojana), promising a minimum income of Rs 72,000 per year to the 50 million poorest families. Garibi Hatao flopped badly. So will NYAY unless totally rethought. Indian parties have a consensus on cash grants to the needy. Schemes in Telangana, Odisha and Jharkhand have been followed by Modi’s...

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