-The Hindu Congress chief promises a “real GST”; the party asks Modi to spell out stand Congress president Rahul Gandhi on Tuesday described the minimum income guarantee scheme, a promise he made to electors on Monday, as a surgical strike on poverty. Separately, the Congress asked Prime Minister Narendra Modi and the BJP to spell out whether or not they supported the plan. “They did Demonetisation and Gabbar Singh Tax. We will give...
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Income plan: Economists consulted, says Rahul; uphill task, feel experts
-PTI NEW DELHI: Congress president Rahul Gandhi on Tuesday said his party consulted several economists including former RBI governor Raghuram Rajan on its minimum income plan for the poor even as leading experts said that implementing such a scheme would be an uphill task. In a mega poll promise, Gandhi on Monday announced that under 'Nyay' - an acronym for Nyuntam Aay Yojana - Rs 72,000 will be given to the poorest...
More »There is a way to deliver a minimum income guarantee -- but Congress hasn't found it -Jayati Ghosh
-The Indian Express Instead of embarking on a massive administrative exercise with uncertain benefits, it is possible to think of another combination of public interventions that would actually ensure minimum income to a much larger proportion of the population. The Congress Party’s recent declaration that, if voted to power, it will seek to ensure a minimum income to 20 per cent of the poorest households in the country, is laudable in...
More »Minimum Rs 6000 a month to 20% of India's poorest: Congress pollitics -Manoj CG
-The Indian Express After a meeting of the Congress Working Committee which approved the draft manifesto, Rahul said the Nyunatam Aay Yojana (Nyay) scheme was a “ground breaking idea’ and would mark the beginning of the final assault on poverty. CONGRESS PRESIDENT Rahul Gandhi Monday said if his party was voted to power, its government would roll out a minimum income scheme guaranteeing Rs 72,000 a year to the bottom most...
More »Few details, Rs 3.6 lakh crore-question: Will it be a top-up or subsidy tweak? -Aanchal Magazine
-The Indian Express According to the Central Statistics Office, there were 24.95 crore households in India in 2011. If every household in the bottom 20 per cent is eligible for this income, this translates into a total expenditure of about Rs 3.6 lakh crore annually. When Congress president Rahul Gandhi announced that his party, if voted to power, would offer a minimum income of Rs 72,000 a year for the poorest 20...
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