-The Indian Express According to the Central Statistics Office, there were 24.95 crore households in India in 2011. If every household in the bottom 20 per cent is eligible for this income, this translates into a total expenditure of about Rs 3.6 lakh crore annually. When Congress president Rahul Gandhi announced that his party, if voted to power, would offer a minimum income of Rs 72,000 a year for the poorest 20...
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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 »'Final assault on poverty': Rahul Gandhi on Rs 12K minimum income plan for poor
-Hindustan Times Congress president Rahul Gandhi on Monday pledged to roll out a monthly income guarantee scheme, if his party comes to power at the Centre, to ensure India’s 20 per cent poorest families make at least Rs 12,000 every month. The scheme would cover 5 crore families and benefit nearly 25 crore people, said Gandhi after the Congress Working Committee cleared the plan that party president described as the “final...
More »Prof. Guy Standing, economist at the School Of Oriental and African Studies, University of London, interviewed by Sayantan Bera (Livemint.com)
-Livemint.com In conversation with Guy Standing, economist at the School Of Oriental and African Studies, University of London Neither the Narendra Modi government nor Rahul Gandhi have gotten minimum income scheme right, he says New Delhi: Income support is the big economic idea of the season. While the ruling BJP government announced a limited money transfer scheme targeted at farmers in the recent interim budget, the Congress has proposed to solve the country’s...
More »No shortcuts to income guarantee -Harsh Mander
-The Indian Express Rahul Gandhi’s proposed scheme will do more harm than good if it comes at the cost of existing subsidies for the poor. Congress president Rahul Gandhi signaled the earnestness of his party’s resolve to end poverty and hunger by announcing an untried policy instrument — a Minimum Income Guarantee for the poor. “Millions of our brothers and sisters” could not be allowed to “suffer the scourge of poverty”...
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