-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...
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Pathways to an income guarantee -Ram Singh
-The Hindu There is a compelling case for spending Rs. 3.6 lakh crore on the poor, but it must be done carefully The idea of a minimum income guarantee (MIG) has caught up with political parties. A MIG requires the government to pay the targeted set of citizens a fixed amount of money on a regular basis. With the promise of the Nyuntam Aay Yojana (NYAY) by the Congress party, it is...
More »CPI(M) promises unemployment dole -Sobhana K Nair
-The Hindu Manifesto includes repealing AFSPA. Targeting the Narendra Modi government for a 45-year high in unemployment figures, the Communist Party of India (Marxist) (CPI-M) in its manifesto, released on Thursday in Delhi, said the “right to work” should be enshrined in the Constitution and there should be a provision of allowance for those without jobs. The party’s campaign song too captures the party’s accusation with lyrics that say “Aab ki baar, Modi...
More »NYAY Scheme will 'remonetise' what Modi 'demonetised': Rahul Gandhi
-The Indian Express Congress president Rahul Gandhi said the NYAY Scheme will achieve twin objectives of giving money to 20 per cent poorest families as well as firing up the economy. Days after announcing that the Congress would roll out a minimum income scheme guaranteeing Rs 72,000 a year to the bottom most or poorest 20 per cent of households if voted to power, party president Rahul Gandhi Thursday said the...
More »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...
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