Rahul Gandhi's advisor Sam Pitroda: Prepare to pay more taxes for NYAY, don't be selfish
5 years, 9 months ago

Rahul Gandhi's advisor Sam Pitroda: Prepare to pay more taxes for NYAY, don't be selfish

Op India  

Ever since the Congress announced their proposed minimum basic income scheme NYAY, there have been speculations that it will mean increased taxes and a strain on India’s economy. Now, a video has surfaced on social media where Sam Pitroda, veteran Congress ideologue and Rahul Gandhi’s advisor, has stated in an interview with India Ahead News yesterday that the NYAY scheme will have to be funded by raising taxes for the middle class. Rahul Gandhi advisor Sam Pitroda in an interview 1 Taxes will go up for middle class to fund schemes 2 middle class should not be selfish and should become a large hearted to pay more taxes. pic.twitter.com/k2UWAGrOSJ — Chowkidar Chintan Shah April 3, 2019 In the video clip, the interviewer is seen asking Pitroda that the middle class is worried about the NYAY scheme as it might mean more taxes. pic.twitter.com/YSA61QXq8l — Dr Jagadish J Hiremut April 4, 2019 Middle class wale NDA ki sarkar ko NOTA ka patthar baandh ke doobone ko taiyyar the… Now Congress tells them “don’t be selfish, have a big heart and give more taxes for your poor brethren”.

India Taxes Congress Pay Middle Fund Class Rahul Gandhi Scheme Sam More Taxes Pitroda Sam Pitroda Nyay  fund  sam  selfish  rahul  pitroda  stated  middle  dont  taxes  nyay  class  congress  scheme  pay  gandhis  prepare

History of this topic

Mohandas Pai shares his Budget 2025 wishlist: No tax up to ₹5 lakh, large tax slabs, relief for middle class & more
1 week, 1 day ago

Mohandas Pai shares his Budget 2025 wishlist: No tax up to ₹5 lakh, large tax slabs, relief for middle class & more

Live Mint  

Former Infosys CFO TV Mohandas Pai has requested a set of reforms in the upcoming budget, which is scheduled to be announced in February 2025. Pai has asked Prime Minister Narendra Modi to make Budget 25-26 “a year of Big Reforms.” In a post on X, he suggested a list of reforms the government could implement. The former Infosys CFO …

Budget 2025: India eyes income tax relief for middle class earning up to ₹15 lakh, check details
2 weeks, 1 day ago

Budget 2025: India eyes income tax relief for middle class earning up to ₹15 lakh, check details

Live Mint  

NEW DELHI - India is considering cutting income tax for individuals making up to 1.5 million rupees a year in February's budget to provide relief to the middle class and boost consumption as the economy slows, two government sources told Reuters. The move could benefit tens of millions of taxpayers, especially city dwellers burdened by high living costs, if they …

Nirmala Sitharaman said this to X user seeking relief for middle class
1 month, 3 weeks ago

Nirmala Sitharaman said this to X user seeking relief for middle class

India Today  

India's middle class is upset. Very upset, as some X user tagged Union Finance Minister Nirmala Sitharaman and requested her to consider providing some relief to the middle class in a social media post. I humbly request you to consider providing some relief for the middle class. In response, Sitharaman, while appreciating the X user's concerns, described the current government …

INDIA bloc to pay more to women, farmers than BJP gave to its 'billionaire friends': Rahul Gandhi
1 month, 4 weeks ago

INDIA bloc to pay more to women, farmers than BJP gave to its 'billionaire friends': Rahul Gandhi

Deccan Chronicle  

New Delhi: Congress leader Rahul Gandhi on Tuesday said the INDIA bloc will give more money to women, youth, farmers and poor than the BJP has given to its "billionaire friends", adding that the alliance in Jharkhand has decided to hike the honorarium given to women to meet their needs to Rs 2,500.Rahul Gandhi's reiteration came a day ahead of …

Government working to increase Madhya Pradesh’s share in India’s economy to 5% from the current 4%: CM Mohan Yadav
4 months, 3 weeks ago

Government working to increase Madhya Pradesh’s share in India’s economy to 5% from the current 4%: CM Mohan Yadav

The Hindu  

In his first Independence Day speech as the Chief Minister of Madhya Pradesh, Mohan Yadav said that his government was working to increase to 5% the State’s share in the national economy from the current 4% in the next five years. In a significant announcement, Mr. Yadav said that his government is going to launch missions for the youth, women, …

Budget 2024: Will Nirmala Sitharaman bring cheer to middle-class with income tax changes?
5 months, 3 weeks ago

Budget 2024: Will Nirmala Sitharaman bring cheer to middle-class with income tax changes?

Hindustan Times  

The Union Budget 2024 could provide Income Tax relief for low earners looms large amid rising prices in the country. Experts believe that a reduction in Income Tax could address economic challenges in the country as Finance Minister Nirmala Sitharaman is set to present the Union Budget for the fiscal year 2024-25 on July 23. This change would boost consumption, …

‘Ladla Bhau’ scheme for Maharastra youth
5 months, 3 weeks ago

‘Ladla Bhau’ scheme for Maharastra youth

New Indian Express  

MUMBAI: Over to the ‘bhau’ after ‘behna.’ The Eknath Shinde-led Mahayuti dispensation has given a family touch to the government largesse months before the state Assembly polls. The Ladla Bhau Yojana stipulates that the unemployed 12th pass will get Rs 6,000 stipend, diploma holders Rs 8,000 and jobless graduates Rs 10,000. “We started crop insurance for just one rupee, free …

140 crore Indians are living in anyaay kaal created by BJP: Congress
11 months, 1 week ago

140 crore Indians are living in anyaay kaal created by BJP: Congress

The Hindu  

The Congress on January 28 alleged that 140 crore Indians were living in an anyaay kaal imposed by the BJP. "140 crore Indians are living in anyaay kaal imposed by the BJP's misrule," he said. The Congress leader said the "Modi Government may drumbeat about poverty numbers" but the "stark reality is different". "According to the UNDP's multi-dimensional poverty index, …

PM Modi says 13.5 crore Indians rose above poverty line in last 5 years
1 year, 4 months ago

PM Modi says 13.5 crore Indians rose above poverty line in last 5 years

Live Mint  

New Delhi: A staggering 13.50 crore Indians have risen above the poverty line in the past five years, Prime Minister Narendra Modi said on Monday quoting a recent NITI Aayog report. Speaking at the Madhya Pradesh Rozgar Mela, the prime minister said, “When decisions are made with positive thinking, right intention, and full integrity, the whole environment gets filled with …

MP govt’s ₹3.14 lakh crore budget focuses on women, tribals and religion
1 year, 10 months ago

MP govt’s ₹3.14 lakh crore budget focuses on women, tribals and religion

Hindustan Times  

Madhya Pradesh finance minister Jagdish Deoda presented a revenue surplus budget of over ₹3.14 lakh crore on Wednesday in the state assembly ahead of the December polls. Madhya Pradesh finance minister Jagdish Deoda presented the state budget today With a special focus on women, tribals and religion, Deoda announced schemes for giving scooty and skill upgradation stipends to girl students, …

Explained: How Union Budget has given India’s middle class much to rejoice
1 year, 11 months ago

Explained: How Union Budget has given India’s middle class much to rejoice

Firstpost  

‘Amrit Kaal’s first Budget’ has brought the much-awaited income tax reliefs for the country’s salaried middle class. In a much-awaited respite, the government increased the income tax rebate limit from Rs 5 lakh to Rs 7 lakh in the new tax regime. Here are the new tax rates under the new tax regime: For Rs 0-3 lakh income – nil …

Budget 2023 Key Highlights: Are You Under New Tax Regime? Nirmala Sitharaman Has Good News for You
1 year, 11 months ago

Budget 2023 Key Highlights: Are You Under New Tax Regime? Nirmala Sitharaman Has Good News for You

News 18  

Budget 2023 Highlights: Delivering on the expectations of the aam aadmi, Finance Minister Nirmala Sitharaman today announced Income Tax relief for the salaried class with an eye on the mega 2024 elections as well as several state battles as she delivered the Union Budget 2023 speech. She also announced changes in the tax slabs under the new tax regime, which …

Income tax cuts, factory perks: What to watch for in Budget 2023
1 year, 11 months ago

Income tax cuts, factory perks: What to watch for in Budget 2023

Live Mint  

India’s budget on Wednesday will test the government’s resolve to stay fiscally prudent as expectations of lower taxes, wider social security net and further boost to production gather steam before national elections. Finance Minister Nirmala Sitharaman may tweak income-tax slabs to provide relief to the nation’s vast middle class and increase spend on the poor through programs such as rural …

Union Budget 2023-24: Why setting store by GST, fuel tax regressive
1 year, 11 months ago

Union Budget 2023-24: Why setting store by GST, fuel tax regressive

Firstpost  

The Goods and Services Tax collections have been surging recording Rs 1.50 lakh crore or so in December 2022. Fuel tax collections for the Centre too have been impressive at around Rs 8 lakh crore in each of the three financial years ending 2021. Add to this the Value-Added Tax imposed by state governments on fuel at the ballpark figure …

Budget 2023: Why govt should consider tax relief despite limited fiscal room
1 year, 11 months ago

Budget 2023: Why govt should consider tax relief despite limited fiscal room

India Today  

An incremental tax relief in the upcoming Union Budget 2023 could help the central government provide consumption support to the Indian economy in FY24 and shield it from the worsening financial environment in the West. Recently, global economic experts, including International Monetary Fund Deputy Managing Director Gita Gopinath, noted that an inflation-driven price shock could disrupt the lives of people …

Taxing India’s Richest By 5% Can Bring ‘All Children Back To School’: Oxfam
1 year, 11 months ago

Taxing India’s Richest By 5% Can Bring ‘All Children Back To School’: Oxfam

News 18  

If Indian billionaires are taxed ‘once’ at 2 per cent on their entire wealth, the government can receive funding support for their nutrition program for ‘the next three years’. With 102 in 2020 to 166 in 2022, the combined wealth of India’s 100 richest has touched USD 660 billion and can fund the entire Union Budget for more than 18 …

AP witnessing class war, not caste war, says Jagan
2 years ago

AP witnessing class war, not caste war, says Jagan

Deccan Chronicle  

Vijayawada: Andhra Pradesh has been witnessing a class war between the poor and the capitalists, and not a caste rivalry, Chief Minister Y.S. “There was no system of pressing a button to transfer money to the bank accounts of beneficiaries of welfare schemes until my government introduced it.” Jagan blamed Naidu for cheating the people by not fulfilling his promise …

Rahul Gandhi's Nyay pledge to Uttarakhand voters
2 years, 11 months ago

Rahul Gandhi's Nyay pledge to Uttarakhand voters

Hindustan Times  

Congress MP Rahul Gandhi made a fresh Nyay scheme push in poll-bound Uttarakhand. Rahul Gandhi addresses rally in Haridwar Addressing the Uttarakhandi Swabhiman Rally in Haridwar, Gandhi put forward his four promises to the voters, news agency ANI reported. “We will implement Nyay scheme here, under which 5 lakh families will be given ₹40,000 in a year,” ANI quoted Gandhi. …

‘Did not resort to tax hike to boost revenue’: Finance secretary Ajay Bhushan Pandey
3 years, 11 months ago

‘Did not resort to tax hike to boost revenue’: Finance secretary Ajay Bhushan Pandey

Hindustan Times  

The Union Budget presented by finance minister Nirmala Sitharaman takes “a quantum leap into the future”, finance secretary Ajay Bhushan Pandey said on Tuesday, adding that it was a reform move in the backdrop of extraordinary circumstances arising out of the Covid-19 pandemic. Finance secretary Ajay Bhushan Pandey In an interview to HT, Pandey said India needs to change the …

Shashi Tharoor accepts half the population would have had to pay for NYAY
5 years, 7 months ago

Shashi Tharoor accepts half the population would have had to pay for NYAY

Op India  

During the run-up to the 2019 Lok Sabha elections, Congress President Rahul Gandhi had offered a ‘revolutionary’ minimum income guarantee scheme or NYAY which promised Rs 72,000 basic income for 20% of India’s population. Now, Congress leader and three-time MP from Kerala’s Thiruvananthapuram Shashi Tharoor, in an interview to Hindustan Times, has said that the one of the reasons NYAY …

Rahul Gandhi lies about NYAY yojana, journalist lies further to defend Rahul
5 years, 8 months ago

Rahul Gandhi lies about NYAY yojana, journalist lies further to defend Rahul

Op India  

Rahul Gandhi is on an interview giving spree and with each interview, he seems to make a bigger fool of himself. In an interview to NDTV, Rahul Gandhi changed the amount he would give every poor person as per his proposed NYAY Yojana. “We boxed PM in, he can’t talk,” says Rahul Gandhi on attack over jobs Watch full interview …

‘Nyay will restart economy that has come to a stop today’: Manmohan Singh
5 years, 8 months ago

‘Nyay will restart economy that has come to a stop today’: Manmohan Singh

Hindustan Times  

At 86, Manmohan Singh is ready to hit the campaign trail yet again for the general elections and the Congress wants to tap him to pitch its big ticket Nyay scheme. Singh has been very critical of the Modi government’s policies and told HT that the rhetoric of national security is only a ruse to hide the government’s failure to …

Can Rahul Gandhi’s NYAY help Congress revive its fortunes in Rajasthan?
5 years, 8 months ago

Can Rahul Gandhi’s NYAY help Congress revive its fortunes in Rajasthan?

Live Mint  

Banswara, Rajasthan: When Ramchandar, 52, wakes up in his thatched house every morning in the hilly tribal village of Katumbi in Rajasthan's Banswara district, his first preoccupation is to fetch water from the nearest village at a distance of two kilometers. With a 46.1% literacy rate, 91.3% of households earn less than ₹5,000 per month, making them eligible for the …

Modi can’t question Congress’s NYAY: Rahul Gandhi
5 years, 8 months ago

Modi can’t question Congress’s NYAY: Rahul Gandhi

Deccan Chronicle  

Raichur: Congress president Rahul Gandhi once again took strong objection to Prime Minister Narendra Modi questioning the practicality of the Nyuntam Aay Yojana promised in his party's manifesto, when such questions were never raised when it came to helping rich industrialists. We will take money from the pockets of 'thieves' like Anil Ambani, Nirav Modi and Mehul Choksi and put …

Around 45% of Jharkhand’s population would benefit from NYAY scheme, says Jharkhand Congress chief
5 years, 8 months ago

Around 45% of Jharkhand’s population would benefit from NYAY scheme, says Jharkhand Congress chief

Hindustan Times  

Campaigning for Congress candidate Gopal Sahu, Jharkhand Congress chief Ajoy Kumar on Thursday said that if Congress is brought back to power, around 45% of Jharkhand’s population would benefit from the NYAY scheme of the party that promises financial help of Rs 72,000 annually to poorest of poor families. Jharkhand Congress President Ajoy Kumar Kumar was addressing party workers in …

Rahul Gandhi corners BJP over ‘false promises’ of ₹15 lakh, 2 crore jobs
5 years, 8 months ago

Rahul Gandhi corners BJP over ‘false promises’ of ₹15 lakh, 2 crore jobs

Live Mint  

Congress president Rahul Gandhi on Monday cornered the Bharatiya Janata Party over their election promises to give ₹15 lakh, 2 crore jobs and loan waivers for farmers. Gandhi was addressing a rally along with party general secretary Priyanka Gandhi Vadra in Uttar Pradesh’s Fatehpur Sikri where state president Raj Babbar is contesting election. We want a food processing unit to …

Congress' 'NYAY' is 'ANYAY' against people, says Union minister HS Puri
5 years, 8 months ago

Congress' 'NYAY' is 'ANYAY' against people, says Union minister HS Puri

India TV News  

Union minister Hardeep Singh Puri on Friday said Congress chief Rahul Gandhi's poll assurance of Nyuntam Aay Yojana will prove to be “Anyay” for the people of the country. Under NYAY, Congress has promised to deposit Rs 72,000 annually into bank accounts of 20 per cent of the poorest people across the country if it comes to power. On April …

The Economist magazine casts doubts over Congress' NYAY scheme, says it might contribute to injustice
5 years, 9 months ago

The Economist magazine casts doubts over Congress' NYAY scheme, says it might contribute to injustice

Firstpost  

Describing the scheme, the magazine said that rather than a “surgical strike” on poverty, NYAY is more like “dropping barrelfuls of ordnance from 30,000 feet.” Weekly business news magazine The Economist in its latest issue has raised several questions about the Congress party’s ambitious NYAY scheme. The magazine, in an article titled “The war on penury”, appeared in the Asia …

Congress launches campaign tagline Ab Hoga NYAY, looks to bank big on mininum income scheme
5 years, 9 months ago

Congress launches campaign tagline Ab Hoga NYAY, looks to bank big on mininum income scheme

India Today  

In less than a week before India goes to 2019 Lok Sabha polls, Rahul Gandhi-led Congress party launched election campaign tagline - Ab Hoga NYAY. Congress, in its campaign tagline, made it clear that the party is serious about the minimum income guarantee scheme -- the NYAY scheme -- launched by party president Rahul Gandhi on March 25. Senior Congress …

NYAY Scheme, Scrapping of Sedition Law and AFSPA Review: Congress' Big Promises Which Ring Hollow
5 years, 9 months ago

NYAY Scheme, Scrapping of Sedition Law and AFSPA Review: Congress' Big Promises Which Ring Hollow

News 18  

Congress president Rahul Gandhi on Tuesday released its much-awaited manifesto for the upcoming elections. Given the current fiscal scenario, it will be impossible for any party to implement such a scheme unless the budgetary allocations towards social schemes like SC/ST welfare, Ayushman Bharat, MNREGA etc. If Congress has plans to borrow money for funding this scheme, then economist bearing an …

Here is what Congress says about Pitroda's Nyay scheme remarks
5 years, 9 months ago

Here is what Congress says about Pitroda's Nyay scheme remarks

India TV News  

The Congress on Thursday distanced itself from the remarks of party leader Sam Pitroda that the middle class should bear part of the cost of the party's flagship Nyay scheme and said the money will be generated by cutting down on wasteful government expenditure as also by mobilizing additional resources. Party spokesperson Randeep Singh Surjewala said that former Finance Minister …

Congress election manifesto: Several poll promises will meet implementation hurdles; strict follow-up action key to success of schemes
5 years, 9 months ago

Congress election manifesto: Several poll promises will meet implementation hurdles; strict follow-up action key to success of schemes

Firstpost  

The manifesto also talks about more public sector bank mergers which will depend a lot on how the Bank of Baroda-Dena-Vijaya Bank alliance works out as there will be several lessons to be learnt. The cash transfer of Rs 72,000 per family per annum is now going to be attained over a period of time i.e., two years and more …

Former Niti Ayog Vice Chairman slams Rahul Gandhi’s ‘NYAY’: Fiscally imprudent and may cost more than India’s defence budget
5 years, 9 months ago

Former Niti Ayog Vice Chairman slams Rahul Gandhi’s ‘NYAY’: Fiscally imprudent and may cost more than India’s defence budget

Op India  

After Congress President Rahul Gandhi proposed his new freebie scheme Nyuntam Aay Yojana, economists around the world have expressed their skepticism over the fiscal prudence of the scheme. Arvind Panagariya, a noted Economist and former Vice-Chairman of NITI Aayog, has viewed that the promise of the Congress party to implement a minimum income guarantee scheme would be “almost impossible”. Panagariya …

Rahul Gandhi’s economist advisor Abhijit Banerjee says high inflation is good for economy, NYAY scheme will be funded by high taxes and inflation
5 years, 9 months ago

Rahul Gandhi’s economist advisor Abhijit Banerjee says high inflation is good for economy, NYAY scheme will be funded by high taxes and inflation

Op India  

As the main election promise for Lok Sabha elections, the Congress party has announced a minimum income guarantee scheme, the Nyuntam Aay Yojana. When asked whether the scheme will be viable without increasing taxes, Banerjee tried to avoid the question saying that the economy itself is not viable without increasing taxes. Nothing is viable without raising taxes, he emphasised, implying …

Congress party's Nyay scheme poses 'fiscal challenge' to economy, has a 'serious incentive problem', says Arvind Panagariya
5 years, 9 months ago

Congress party's Nyay scheme poses 'fiscal challenge' to economy, has a 'serious incentive problem', says Arvind Panagariya

Firstpost  

Arvind Panagariya said the scheme is difficult to implement and unlikely to achieve its intended objective New Delhi: Former NITI Aayog vice chairman Arvind Panagariya has said the implementation of the Congress Party’s ambitious Nyay scheme not only poses a “fiscal challenge” to India’s economy but also has a “serious incentive problem”. Congress President Rahul Gandhi on 26 March said …

Busting 5 concerns about Congress’ NYAY scheme
5 years, 9 months ago

Busting 5 concerns about Congress’ NYAY scheme

Live Mint  

On 25 March, Congress president Rahul Gandhi announced the Nyuntam Aay Yojana, or NYAY scheme. Concern 1: It will make beggars of people This concern comes from the fact that the government will be distributing free money under the NYAY scheme with no conditions attached. Guy Standing, an economist at the School Of Oriental and African Studies, University of London, …

’Nyay’ will remonetise what Narendra Modi demonetised: Rahul Gandhi
5 years, 9 months ago

’Nyay’ will remonetise what Narendra Modi demonetised: Rahul Gandhi

Live Mint  

New Delhi: Congress president Rahul Gandhi on Thursday said the Nyay scheme will remonetise what Prime Minister Narendra Modi demonetised and asserted that his party's minimum income guarantee for the poor has thrown the Bharatiya Janata Party into total disarray. In an interview to the Press Trust of India ahead of the Lok Sabha Elections 2019 beginning 11 April, Gandhi …

We will 'remonetise' what Modi 'demonetised', says Rahul Gandhi
5 years, 9 months ago

We will 'remonetise' what Modi 'demonetised', says Rahul Gandhi

India TV News  

Congress President Rahul Gandhi on Thursday said the 'Nyay' scheme will remonetize what Prime Minister Narendra Modi demonetized and asserted that his party's anti-poverty programme has thrown the BJP into total disarray. In an exclusive interview to PTI ahead of the 17th general election beginning April 11, Gandhi said the 'Nyay' scheme has the twin objectives of giving money to …

Rahul consulted Raghuram Rajan for Nyay scheme, ex-RBI chief confirms, calls Congress's minimum income scheme 'doable'
5 years, 9 months ago

Rahul consulted Raghuram Rajan for Nyay scheme, ex-RBI chief confirms, calls Congress's minimum income scheme 'doable'

Firstpost  

Former Reserve Bank of India governor Raghuram Rajan on Wednesday admitted that he has offered his views to the Congress leadership on the Nyay scheme, Mumbai: Former Reserve Bank of India governor Raghuram Rajan on Wednesday admitted that he has offered his views to the Congress leadership on the Nyay scheme, wherein the main Opposition party is promising to ensure …

Raghuram Rajan says he was consulted, offered views on Rahul Gandhi's Nyay scheme
5 years, 9 months ago

Raghuram Rajan says he was consulted, offered views on Rahul Gandhi's Nyay scheme

Firstpost  

Raghuram Rajan said it is a “misreading” of the Nyuntam Aay Yojana scheme by critics, who claim this will incentivise people to not work at all Mumbai: Former Reserve Bank governor Raghuram Rajan on Wednesday admitted that he has offered his views to the Congress leadership on the Nyay scheme, wherein the main Opposition party is promising to ensure a …

‘We have capacity to implement NYAY scheme'
5 years, 9 months ago

‘We have capacity to implement NYAY scheme'

The Hindu  

The NYAY scheme announced by Congress President Rahul Gandhi is an audacious attempt to abolish poverty, but the time is right to do it now, Praveen Chakravarty, chairperson, Data Analytics Department of the Congress, tells The Hindu in an interview. We are a ₹200 lakh-crore economy today and it is going to double in the next five years to ₹400 …

'Nyay' has scared BJP, PM Modi: Rahul
5 years, 9 months ago

'Nyay' has scared BJP, PM Modi: Rahul

The Quint  

New Delhi: Congress President Rahul Gandhi addresses at the National Convention of OBC Department, at Indira Gandhi Stadium, in New Delhi, on March 27, 2019. New Delhi, March 27 Taking potshots at the Modi government over rising unemployment and for "destroying" the country's economy, Congress President Rahul Gandhi said on Wednesday, the 'Nyay' income guarantee scheme would be a surgical …

Implementation of minimum income scheme proposed by Congress not an easy task, say experts
5 years, 9 months ago

Implementation of minimum income scheme proposed by Congress not an easy task, say experts

Firstpost  

Financing Congress President Rahul Gandhi’s minimum income scheme, aiming to lift five crore families or 25 crore people out of poverty, may be an uphill task, said several leading economists and social scientists. New Delhi: Congress President Rahul Gandhi’s minimum income scheme, aiming to lift five crore families or 25 crore people out of poverty, reflects a commitment to social …

If Implemented, Rahul Gandhi's Minimum Income Guarantee Will Cost 2% of India's GDP
5 years, 9 months ago

If Implemented, Rahul Gandhi's Minimum Income Guarantee Will Cost 2% of India's GDP

News 18  

New Delhi: In outlining the Nyuntam Aay Yojana, Congress chief Rahul Gandhi has perhaps promised the world’s biggest minimum income guarantee scheme. As per the announcement, the scheme will guarantee an income of Rs 6,000 per month to the poorest of families, benefitting about 25 crore people and costing the exchequer Rs 3.6 lakh crore. Suffice to say that considering …

Rahul Gandhi’s Minimum Income Guarantee could kill all other subsidies and be the mother of all scams
5 years, 9 months ago

Rahul Gandhi’s Minimum Income Guarantee could kill all other subsidies and be the mother of all scams

Op India  

Rahul Gandhi has announced that the government will provide minimum income support to the poorest 20% of Indian families. Common people are going to lose every other subsidy on gas, fertilizer, electricity, crop prices, MNREGA and health Suffice to say that India doesn’t have 3.6 lakh crores just sitting around. The calculation of 3.6 lakh crore goes for a toss …

Rahul Gandhi's minimum income scheme a 'bluff': Arun Jaitley
5 years, 9 months ago

Rahul Gandhi's minimum income scheme a 'bluff': Arun Jaitley

India TV News  

Union Finance Minister Arun Jaitley on Monday termed the Congress's election promise to provide 25 crore poor people yearly financial assistance of Rs 72,000 a "bluff announcement", noting that the sum is "less than two-thirds" of the existing Direct Benefit Transfer provided by the Narendra Modi government. Jaitley's remarks came hours after Congress President Rahul Gandhi announced that 20 per …

Rahul Gandhi promises Rs 72,000 per annum to poor families
5 years, 9 months ago

Rahul Gandhi promises Rs 72,000 per annum to poor families

Deccan Chronicle  

New Delhi: Leaning on welfare economics in a bid to return to power in the Lok Sabha polls, the Congress on Monday announced its ambitious minimum income guarantee scheme or Nyuntam Aay Yojana, under which 20 per cent of the poorest families in India would be given an income support of Rs 6,000 per month or Rs 72,000 per annum, …

NYAY: Rahul Gandhi's Nyuntam Aay Yojana explained
5 years, 9 months ago

NYAY: Rahul Gandhi's Nyuntam Aay Yojana explained

India TV News  

Congress president Rahul Gandhi on Monday made a major poll promise - a minimum income scheme that will give Rs 72,000 per annum to 20 per cent families belonging to the poorest category if his party comes to power. What Rahul Gandhi has promised Congress chief has promised to provide a minimum income of Rs 72,000 annually to poorest people …

Congress promises ₹72,000 per annum to poorest people
5 years, 9 months ago

Congress promises ₹72,000 per annum to poorest people

The Hindu  

Describing it as a ‘ground-breaking’ promise and a final assault on poverty, Congress president Rahul Gandhi on Monday announced that 20% of the poorest families in the country would be annually given ₹72,000 each under the Nyuntam Aay Yojana or minimum income guarantee, if his party was voted to power. Mr. Gandhi asserted that five crore families and 25 crore …

Discover Related