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NYAY to be implemented without additional taxes on middle class: Manmohan Singh

-The Hindu Business Line The former PM added that the economic stimulus that NYAY will provide will further help in fiscal discipline India's nearly $3 trillion economy has the fiscal capacity to absorb the expenditure to fund NYAY, the minimum income support scheme promised by Congress Party, without the need for any new taxes on the middle class, former Prime Minister of India, Dr Manmohan Singh, said. NYAY scheme -- announced by Congress...

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Extending MGNREGA to urban areas will create 50 million jobs: State Of Working India 2019 report -Ralph Alex Arakal

-The Indian Express Interestingly, researchers observed that as much as 5 million people left the workforce between 2016 and 2018. "The beginning of the decline in jobs coincided with demonetisation in November 2016, although no direct causal relationship can be established based only on these trends," The State of Working India (SWI) 2019 report released by Azim Premji University says. Bengaluru: Researchers and economists of Azim Premji University, based in Bangalore,...

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Sustaining India: Is There Anything to Choose Between BJP and Congress? -Ashish Kothari

-TheWire.in A look at how the country’s political heavyweights deal with environmental issues and livelihoods in their poll manifestos Twin crises beset India today: serious unemployment and the loss of livelihoods, along with the collapse of the ecological basis on which we all survive. Any political party that does not deal with these is not serious about the country’s future. So how well do the country’s political heavyweights, the Congress and the BJP,...

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Promises to the farmers -Ashok Gulati & Ritika Juneja

-The Indian Express Whichever party comes to power at the Centre, India is making a policy shift to direct income support. The festival of democracy started with the first phase of polling on April 11. Ideally, it should be celebrated like Holi, forgetting past enmity and embracing each other with love. But, unfortunately, it is being fought like the battle of Kurukshetra in the epic, Mahabharata. All the weapons of politics...

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Making sense of NYAY -Jean Dreze

-The Indian Express It is best read as a political promise for social security. There is more than one way of redeeming it Guaranteed minimum income is a powerful idea that has already made some headway in various countries. Some European countries, for instance, guarantee a minimum income to their citizens. This requires extensive data collection as well as an effective cadre of welfare officers and social workers tasked with enquiring...

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