-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...
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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 »Will Congress's NYAY Really Mean Justice for the Poor? -Anjana Thampi and Ishan Anand
-TheWire.in Any policy that seriously intends to reduce poverty and deprivation should increase social sector spending and look to universalise basic services. On Monday, Congress president Rahul Gandhi promised a Minimum Income Guarantee scheme or Nyuntam Aay Yojana (NYAY) if voted to power in the upcoming Lok Sabha elections. The proposal involves a transfer of Rs 72,000 per year to 20% of the poorest families in India. He claimed that this “is...
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...
More »Minimum Income Guarantee Congress' surgical strike on poverty: Rahul Gandhi
-The Hindu Congress chief promises a “real GST”; the party asks Modi to spell out stand Congress president Rahul Gandhi on Tuesday described the Minimum Income Guarantee scheme, a promise he made to electors on Monday, as a surgical strike on poverty. Separately, the Congress asked Prime Minister Narendra Modi and the BJP to spell out whether or not they supported the plan. “They did Demonetisation and Gabbar Singh Tax. We will give...
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