-TheWire.in Any policy that seriously intends to reduce poverty and deprivation should increase social sector spending and look to universalise basic services. On Monday, Congress president Rahul Gandhi promised a minimum income guarantee scheme or Nyuntam Aay Yojana (NYAY) if voted to power in the upcoming Lok Sabha elections. The proposal involves a transfer of Rs 72,000 per year to 20% of the poorest families in India. He claimed that this “is...
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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 »After 10% quota, Govt plans basic income for poor, aid for farmers -Amitav Ranjan
-The Indian Express The 2017 Economic Survey had flagged the UBI scheme as “a conceptually appealing idea” and a possible alternative to social welfare programmes targeted at reducing poverty. With its legislation on a 10 per cent quota for the general category poor in jobs and education getting parliamentary backing in the run-up to the Lok Sabha elections, the BJP-led government is now exploring the possibility of providing direct benefit transfers...
More »Prof. Abhijit Sen, a former member of the erstwhile Planning Commission, interviewed by M Rajshekhar (Scroll.in)
-Scroll.in The former Planning Commission member explains why the country needs to tread carefully on this idea. On January 1, when Indian news agency ANI asked Prime Minister Narendra Modi about the government’s plans to reduce agrarian distress, he said loan waivers do not work as a very small segment of farmers take loans from banks. “A majority of them take loans from money lenders,” said Modi. “When governments make such announcements,...
More »Govt unchains Ujjwala, LPG to reach all poor households
-The Times of India NEW DELHI: The Centre on Monday expanded the scope of its game-changer Ujjwala free LPG connection scheme to all poor households instead of BPL (below poverty line) families identified by the 2011 socio-economic caste census and a set of other categories. Oil minister Dharmendra Pradhan said the step approved by the Cabinet Committee on Economic Affairs will lift LPG penetration to 100% households from 90% at present. He...
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