-The Indian Express Congress may be talking to economists and experts. But is it listening to the voter? Congress president Rahul Gandhi’s plan for a “surgical strike on poverty” is built around some key numbers: Rs 12,000, the target minimum monthly income for a household; 5 crore households (amounting to 20 per cent of all Indian households); Rs 6,000, their average monthly earning; and therefore, Rs 6,000, the monthly amount required...
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Rahul's minimum income plan is fatally flawed -SA Aiyar
-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...
More »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 »Everybody loves a farmer -Vijoo Krishnan
-Frontline.in The cash Transfer schemes the Narendra Modi government and several State governments have announced to woo the peasantry ahead of the election, like the loan waivers, short-change farmers because they avoid the vital issue of remunerative prices for farm produce. In a sudden flurry of new-found concern for the long-suffering Indian peasant, parties across the political spectrum are desperately trying to woo this section of society. In fact, ever since...
More »Is farmer income support a sustainable solution? -Sanjiv Phansalkar
-VillageSquare.in Income support to smallholder farmers is similar to palliative measures like minimum support prices or loan waivers that do not address the problem of an unsustainable population living on a fixed resource base The government in the budget for this year has announced an allocation of Rs 75,000 crore for direct income Transfer of Rs 6,000 annually for every farmer who owns less than 2 hectares of land. This amount...
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