-The Economic Times Congress’ Bhalchandra Mungekar, who is part of the manifesto committee, said: “If BJP can waive off loans to the tune of Rs 3,16,000 crore of 10-15 industralists, our scheme is very much doable.” NEW DELHI: Congress Nyay scheme is based on Amartya Sen Index of poverty. As per the index, among the poor there are several categories of very poor, poor and others. So the party is PLAnning to...
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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...
More »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 »ADR survey shows that better employment opportunities, better health care & drinking water are the top 3 priorities among Indian voters
-Press Release by Association for Democratic Reforms (ADR) dated 25 March, 2019 The Association for Democratic Reforms (ADR) commissioned perhaps the largest ever Voter Survey in any country. The survey was conducted between October 2018 and December 2018, prior to the General Elections to the Lok Sabha 2019. It covered 534 Lok Sabha constituencies with 2,73,487 voters participating in this exercise spread among various demographics. The three main objectives of...
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...
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