-PTI NEW DELHI: The Congress on Tuesday released its manifesto for the Lok Sabha polls, making a slew of promises, including giving Rs 72,000 each to five crore poor families under the 'Nyay' scheme, filling up 22 lakh government vacancies, bringing a separate budget for farmers and fixing a single moderate GST rate. The 55-page document titled 'Hum Nibhayenge' (We will deliver) focused on addressing the issues of joblessness, farm distress, safety...
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Rural distress is real: Negative monthly growth of real wage rates witnessed in rural areas for 9 consecutive months, starting from November 2017
Growth in rural wages not only indicates economic prosperity of the masses, it is also considered important so as to generate effective demand for goods and services, which is produced by various sectors of the Economy. When money becomes available in the hands of rural workers due to government spending on programmes such as Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), it generates demand for commodities. The production of commodities...
More »Busting 5 concerns about Congress' NYAY scheme -Vivek Kaul
-Livemint.com If and when Congress' Nyuntam Aay Yojana, or NYAY scheme, for minimum income guarantee is implemented, it'll be the biggest basic income globally. Here's a snap analysis On 25 March, Congress president Rahul Gandhi announced the Nyuntam Aay Yojana, or NYAY scheme. The plan is to give Rs.6,000 every month to the bottom 20% of the population of around 5 crore families or 25 crore individuals. Gandhi’s proposal is not that...
More »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...
More »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...
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