-Outlook "The Congress governments in Madhya Pradesh, Rajasthan and Chhattisgarh have waived Farmers' loans as promised," he said, adding, "If a Congress-led government comes to power in Delhi, farm loans will be waived across the country." Congress president Rahul Gandhi Sunday said his party would waive farm loans and give a big push to the food processing industry if voted to power in the Lok Sabha elections Alleging that the Centre's crop insurance...
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Rahul Gandhi's minimum income for poor faces 3 challenges -- cost, targeting & delivery Saksham Khosla
-ThePrint.in Rahul Gandhi’s announcement is certainly good politics, but does it make for good economics? Congress president Rahul Gandhi’s announcement on a minimum income guarantee for the poor, coming days before the Narendra Modi administration unveils its own income support plans in the interim budget, certainly makes for good politics. But does it make for good economics? With the stress on Farmer incomes and rural wages reaching crisis proportions, efforts to loosen the...
More »Why everybody loves Universal Basic Income -Ankita Dwivedi Johri
-The Indian Express The Budget has promised an assured income to Farmers, Rahul Gandhi a minimum income guarantee, and Sikkim a universal basic income by 2022. Back in 2016-2017, the Economic Survey said UBI was an idea whose time was ripe for discussion. As that talk picks up in the run-up to the Lok Sabha elections, The Indian Express parses the debate, starting from India’s only two pilot projects FINANCE Minister...
More »PM Kisan Samman Nidhi: Small Farmers to get Rs 6000 direct cash transfer, first installment before polls
-The Indian Express Called Pradhan Mantri Kisan Samman Nidhi, the scheme will benefit about 12 crore small and marginal Farmers and will come into effect retrospectively from December 1, 2018, and the first instalment will be disbursed before the elections. New Delhi: In a bid to woo the farming community ahead of the Lok Sabha elections, interim Finance Minister Piyush Goyal in his Budget speech on Friday announced a Rs 6,000...
More »Modi Launches a Startling Pre-Election Budget, Massaged by Creative Accounting -Jayati Ghosh
-TheWire.in The aggregate macroeconomic impact of this Budget cannot really be assessed, since the actual fiscal stance is now so opaque. Let’s get one thing clear. This is not an interim Budget, whatever the government finally agreed to call it. The sweeping promises made on both expenditure and taxation fronts are well beyond the limited minor changes that are supposed to be allowed in a vote-on-account or interim Budget. For a government that...
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