-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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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 »Will Congress's NYAY Really Mean Justice for the Poor? -Anjana Thampi and Ishan Anand
-TheWire.in Any policy that seriously intends to reduce poverty and deprivation should increase social sector spending and look to universalise basic services. On Monday, Congress president Rahul Gandhi promised a minimum income guarantee scheme or Nyuntam Aay Yojana (NYAY) if voted to power in the upcoming Lok Sabha elections. The proposal involves a transfer of Rs 72,000 per year to 20% of the poorest families in India. He claimed that this “is...
More »'Government isn't able to provide even small jobs': Unemployment, anger in Jaipur's Informal sector -Madhav Sharma
-Scroll.in Effects of demonetisation and GST continue to be felt across the country on the eve of the elections At three grimy market squares in India’s pink city of sandstone palaces, the fates of a former farming couple, a former factory owner, and a graduate illustrated how difficult it now is to find even a job of hard labour, as a general election looms in a country witnessing record unemployment. It had been...
More »'Access to formal credit increases income of farmers' -TV Jayan
-The Hindu Business Line Letting farmers use Kisan Credit Card for non-farm use for a limited time can help improve credit facility to small farmers The returns earned by farmers, who have access to formal credit, are on an average 17 per cent higher than what farmers, who are dependent on informal sources including loan sharks, earn, said an agricultural economist. Besides, access to institutional credit increases the per capita monthly consumption expenditure...
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