-The Indian Express Congress may be talking to economists and experts. But is it listening to the voter? Congress president Rahul Gandhi’s plan for a “surgical strike on poverty” is built around some key numbers: Rs 12,000, the target minimum monthly income for a household; 5 crore households (amounting to 20 per cent of all Indian households); Rs 6,000, their average monthly earning; and therefore, Rs 6,000, the monthly amount required...
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Why is South Asia performing so badly on the SDGs? -CP Chandrasekhar and Jayati Ghosh
-NetworkIdeas.org The SDGs were obviously incredibly ambitious – far more so than the Millennium Development Goals that they succeeded – and so it was indeed a remarkable achievement that governments of almost all countries signed up to them. There were no less than 17 very significant and substantive goals, each containing multiple targets, and each target relying often on more than one indicator. And these goals and targets are not simply...
More »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 »Nyay scheme will 'remonetise' what Modi 'demonetised': Rahul Gandhi
-The Indian Express Congress president Rahul Gandhi said the Nyay scheme will achieve twin objectives of giving money to 20 per cent poorest families as well as firing up the economy. Days after announcing that the Congress would roll out a minimum income scheme guaranteeing Rs 72,000 a year to the bottom most or poorest 20 per cent of households if voted to power, party president Rahul Gandhi Thursday said the...
More »Wealth tax on top rich could fund Congress's plan for poor: paper -Seema Chishti
-The Indian Express Despite having some ability to benefit a section of the economically worse off, the researchers say, it is mostly a “political stunt” and limited in its ability to tackle income inequality. New Delhi: The Congress’ proposal of Nyay, a monthly payout of Rs 6,000 to the poorest 20 per cent, can be best served with “more progressive taxation,” which could include a wealth tax on the rich, says...
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