-The Hindu Allocation for existing scheme slashed The Centre has allocated Rs.500 crore for a new pension scheme for workers in the unorganised sector, even while reducing its allocation for an existing pension scheme by Rs.775 crore. The new scheme, to be called the Pradhan Mantri Shram-Yogi Maandhan, will benefit unorganised sector workers who have a monthly INCome up to Rs.15,000. It will provide them a monthly pension of ?3,000 from the age...
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Why everybody loves Universal Basic INCome -Ankita Dwivedi Johri
-The Indian Express The Budget has promised an assured INCome to farmers, Rahul Gandhi a minimum INCome guarantee, and Sikkim a universal basic INCome by 2022. Back in 2016-2017, the Economic Survey said UBI was an idea whose time was ripe for discussion. As that talk picks up in the run-up to the Lok Sabha elections, The Indian Express parses the debate, starting from India’s only two pilot projects FINANCE Minister...
More »No way Congress' minimum INCome guarantee will work without raising taxes -Yogendra Yadav
-ThePrint.in Irrespective of its merits and eventual fate, the basic INCome proposal means that this election is now focused firmly on the economy. Congress president Rahul Gandhi’s announcement about minimum INCome guarantee (MIG) is the first big idea introduced in the run-up to the 2019 Lok Sabha elections. So far, the election was building up towards one of the many vacuous and noisy contestations that we have witnessed in the last few...
More »Thomas Piketty & Angus Deaton help frame Rahul Gandhi's minimum INCome promise -DK Singh
-ThePrint.in British economist Angus Deaton, a 2015 Nobel Prize winner, and French economist Thomas Piketty are helping Congress shape its minimum INCome scheme. New Delhi: Angus Deaton, the British economist who won the Nobel Prize in 2015, and French economist Thomas Piketty are advising the Congress on its ambitious poll promise of minimum INCome guarantee (MIG) to the poor, party leaders have told ThePrint. Congress president Rahul Gandhi declared Monday that the party...
More »Modi Govt Will Prepare New NSSO Report to Show 'INCrease in Jobs', Says PM's Economic Advisor
-News18.com The leaked report recorded unemployment rate of 6.1 percent in 2017-18, giving the opposition Congress ammunition to attack and pushing the NDA government in defensive mode. New Delhi: A day the National Sample Survey Office’s Periodic Labour Force Survey recorded the unemployment rate in India at a 45-year-high, Prime Minister’s Economic Advisor, Bibek Debroy said that they will prepare a fresh jobs report. “The survey will show that there has been...
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