-Livemint.com In conversation with Guy Standing, economist at the School Of Oriental and African Studies, University of London Neither the Narendra Modi government nor Rahul Gandhi have gotten minimum income scheme right, he says New Delhi: Income support is the big economic idea of the season. While the ruling BJP government announced a limited money transfer scheme targeted at farmers in the recent interim budget, the Congress has proposed to solve the country’s...
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Resources for Welfare Expenditure -Prabhat Patnaik
-Networkideas.org The basic income scheme that is in the air these days, which amounts to handing over a certain sum of money to every household to ensure that it reaches a threshold cash income, is an extremely flawed scheme. Instead of enjoining upon the state the obligation to provide essential goods and services like food, education, and health, to its citizens, it absolves the State of all such responsibility, once it...
More »No shortcuts to income guarantee -Harsh Mander
-The Indian Express Rahul Gandhi’s proposed scheme will do more harm than good if it comes at the cost of existing Subsidies for the poor. Congress president Rahul Gandhi signaled the earnestness of his party’s resolve to end poverty and hunger by announcing an untried policy instrument — a Minimum Income Guarantee for the poor. “Millions of our brothers and sisters” could not be allowed to “suffer the scourge of poverty”...
More »Policy bias against rainfed agriculture -Priscilla Jebaraj
-The Hindu Three out of five farmers in India grow their crops using rainwater, instead of irrigation. However, per hectare government investment into their lands may be 20 times lower, government procurement of their crops is a fraction of major irrigated land crops, and many of the government’s flagship agriculture schemes are not tailored to benefit them. A new rainfed agriculture atlas released this week not only maps the agro biodiversity and...
More »The pitfalls of a cash income support scheme -Prabhat Patnaik
-The Telegraph For starters, it would alter the prices at which such support was calculated for ensuring a basic real income With Rahul Gandhi’s announcement of the Congress’s “historic decision” to adopt an income guarantee scheme, the idea of a universal basic income, mooted in the Economic Survey two years ago, has suddenly got a fillip. It appears attractive at first sight: its universality avoids the discrimination, exclusion and jockeying that typically...
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