-PTI NEW DELHI: The Congress on Tuesday released its manifesto for the Lok Sabha polls, making a slew of promises, including giving Rs 72,000 each to five crore poor families under the 'Nyay' scheme, filling up 22 lakh government vacancies, bringing a separate budget for farmers and fixing a single moderate GST rate. The 55-page document titled 'Hum Nibhayenge' (We will deliver) focused on addressing the issues of joblessness, farm distress, safety...
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Bonds of secrecy -PDT Achary
-The Indian Express Concealing the identity of donors in electoral bonds goes against a fundamental tenet of democracy — transparency Electoral bonds are attracting attention in the run-up to the general Elections. These bonds were conceived in 2017 and the necessary legislative changes were made in the Finance Bill of 2017. For example, Section 31 of the Reserve Bank of India Act, 1924, was amended and a new Clause (3) was...
More »A festival of rash promises -Ashok Gulati
-The Indian Express Both BJP’s PM Kisan and Congress’s Nyay acknowledge that small and marginal farmers and bottom 20 per cent of population have not benefited from current policies. But both schemes raise further questions. It is time to celebrate the biggest spectacle of democracy on this planet. About 900 million people are eligible to exercise their right to choose their representatives to the Lok Sabha. This festival of democracy will...
More »Limits of handout politics -Rama Bijapurkar and Rajesh Shukla
-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...
More »Busting 5 concerns about Congress' NYAY scheme -Vivek Kaul
-Livemint.com If and when Congress' Nyuntam Aay Yojana, or NYAY scheme, for minimum income guarantee is implemented, it'll be the biggest basic income globally. Here's a snap analysis On 25 March, Congress president Rahul Gandhi announced the Nyuntam Aay Yojana, or NYAY scheme. The plan is to give Rs.6,000 every month to the bottom 20% of the population of around 5 crore families or 25 crore individuals. Gandhi’s proposal is not that...
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