Congress's Minimum Income Guarantee Scheme "NYAY" Explained In 10 Points

[bhaigan]

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The Congress announcement to voters comes less than three weeks before elections

 

NEW DELHI:  The Congress on Monday announced a minimum income guarantee programme that will give up to Rs. 72,000 a year or Rs. 6,000 a month to 20 per cent of India's poorest families if voted back to power. Congress President Rahul Gandhi, facing a tough opponent in Prime Minister Narendra Modi in general elections set for April and May, called the proposal a "final assault on poverty" and said it would benefit 25 crore people. While the idea of a universal basic income (UBI) has been discussed in India for a while as a poverty alleviation measure, this is the first time any major political party has come out with a promise of this scale. The name of the scheme - Nyuntam Aay Yojana - has been coined with its acronym "NYAY" in mind, the Hindi word for "justice".

 

Here are the top 10 points of this big story:

1. While Rahul Gandhi initially said the "minimum income line" is Rs. 12,000 per annum and the scheme will benefit individuals earning less than that, the Congress chief clarified that the scheme will supplement the income of the poor if it is less than Rs.12,000 per month.
2. "The minimum income line is Rs. 12,000 per month. Whatever the difference - say the income is Rs. 6,000 - we will top it up. Those who earn less than Rs. 12,000, we will take their earnings to Rs. 12,000," Rahul Gandhi said.
3. "It's an extremely powerful, extremely dynamic, extremely well-thought-through idea... We've done all the calculations, we've asked the best economists. They all backed us on this idea. We are going to implement it," Rahul Gandhi said, calling the programme a fiscally prudent scheme to be rolled out in phases.
4. The programme is likely to have a major impact on the country's exchequer, costing a huge Rs. 3.6 lakh crore per annum, according to economists.
5. The proposed cash handout is seen as modelled loosely on universal basic income, a concept attracting growing interest around the world. Supported by Facebook founder Mark Zuckerberg among others as a way to reduce inequality, UBI involves people being given a flat lump sum by the state instead of subsidies and social security payments.
6. It has been tried out in several countries including Finland and Kenya, and has been promised by Italy's new populist government. In India, Sikkim's ruling Sikkim Democratic Front (SDF) has also promised UBI by 2022 as part of its 2019 assembly poll manifesto.
7. UBI had also been flagged in the 2017 Economic Survey as "a conceptually appealing idea" and a possible alternative to social welfare programmes targeted at reducing poverty.
8. The BJP dismissed the plan as an enticement on which Congress cannot deliver. Finance Minister Arun Jaitley called it a "bluff announcement" and yet another Congress bid to "cheat" the poor.
9. BJP also said the number of Indians below the poverty line had fallen to about 6.5 crore, or 5 per cent of the population, from 22 per cent in 2011. It reminded people of the direct cash support of Rs. 6,000 a year for 12 crore poor farmers and cut taxes for the middle class last month.
10. The Congress announcement to voters comes less than three weeks before voting begins in the mammoth elections that stretch nearly six weeks until May 19.

 

[bhaigan]

@Android_Halwa

@Spartan

share your thoughts

[bhaigan]

@Paiditalli

@Paidithalli bhayya siggu unda nuvvu cheyalsina pani nenu chesthunna. congress payina prema unte saripodu. mee rahul gandhi em chesthunado cheppali

[Spartan]

9 minutes ago, bhaigan said:

@Android_Halwa

@Spartan

share your thoughts

thats fcking 2% of our GDP and almost equal to Military Budget..

and you dont even know how much % of people will go above the Poverty Line..

rather than giving free money to people ...use that money to create infrastructure and employment opportunities for them..

 

for example oka poor family undi which lives on day-day income. all the family members work and earn say 500-700 per day. they will be making 15000 approx per month.

what this 6K will do to them...they will take that money and still do the same daily wage jobs..do u think they will send their kids to school.? or go to some learning place..

rather than that..create Schools whcih can offer free education in every area...and use tha money to maintain quality of education there...

either BJP or Congress..I am against giving free money to anyone....even the farmers...

 

 

 

[Rajugadu]

9 minutes ago, Spartan said:

thats fcking 2% of our GDP and almost equal to Military Budget..

and you dont even know how much % of people will go above the Poverty Line..

rather than giving free money to people ...use that money to create infrastructure and employment opportunities for them..

 

for example oka poor family undi which lives on day-day income. all the family members work and earn say 500-700 per day. they will be making 15000 approx per month.

what this 6K will do to them...they will take that money and still do the same daily wage jobs..do u think they will send their kids to school.? or go to some learning place..

rather than that..create Schools whcih can offer free education in every area...and use tha money to maintain quality of education there...

either BJP or Congress..I am against giving free money to anyone....even the farmers...

 

 

 

Farmers ki panta nastam iyyali.. nv em anna anuko...

[Sanathnagar_Satthi]

Free money ivvadam endi ra rahul ga..

 

[Spartan]

5 minutes ago, Rajugadu said:

Farmers ki panta nastam iyyali.. nv em anna anuko...

rather than that i would say..support them in selling their crop and create a platform to make sure Farmer gets paid for his crop properly than the middlemen..

Govt spent around 36K cr to give that 6K per acre or 3K per acre not sure about the numbers..

but for how many crop cycles can Govt give that money..

due to that...they cannot route that money to any other public welfare projects...which are supposed to be done..

oka 2-3 crop cycles ki dabbu ivvakunda, spend that money to create the platform,.one time investment..

adi kakunda..ichukuntu velte..enta ichina tanivi teeradu evvadiki...nor the root problem will solve...

and in that ..raitulaki iste..enta mandi real people benfit avutunnaru...?

acer limit pettina kuda....u are still giving money to person who owns 50 acers or 100 acers...

voter appeasing schemes tesenta varaku desham bagupadadu...evadina sare BJP or cong or any front...

 

 

Loan waiver is another hard hit on Banking systems...

dani badalu try to lend the money at low or 0% interest rates to Farmers....

 

[bhaigan]

20 minutes ago, Spartan said:

thats fcking 2% of our GDP and almost equal to Military Budget..

and you dont even know how much % of people will go above the Poverty Line..

rather than giving free money to people ...use that money to create infrastructure and employment opportunities for them..

 

for example oka poor family undi which lives on day-day income. all the family members work and earn say 500-700 per day. they will be making 15000 approx per month.

what this 6K will do to them...they will take that money and still do the same daily wage jobs..do u think they will send their kids to school.? or go to some learning place..

rather than that..create Schools whcih can offer free education in every area...and use tha money to maintain quality of education there...

either BJP or Congress..I am against giving free money to anyone....even the farmers...

 

 

 

Practically naku kuda useless ane anipinchindi, to liftup people from poverty this is not right way. they need proper education and infrastructure

atleast fee reimbursement lanti schemes we can appreciate

[Rajugadu]

2 minutes ago, Spartan said:

rather than that i would say..support them in selling their crop and create a platform to make sure Farmer gets paid for his crop properly than the middlemen..

Govt spent around 36K cr to give that 6K per acre or 3K per acre not sure about the numbers..

but for how many crop cycles can Govt give that money..

due to that...they cannot route that money to any other public welfare projects...which are supposed to be done..

oka 2-3 crop cycles ki dabbu ivvakunda, spend that money to create the platform,.one time investment..

adi kakunda..ichukuntu velte..enta ichina tanivi teeradu evvadiki...nor the root problem will solve...

and in that ..raitulaki iste..enta mandi real people benfit avutunnaru...?

acer limit pettina kuda....u are still giving money to person who owns 50 acers or 100 acers...

voter appeasing schemes tesenta varaku desham bagupadadu...evadina sare BJP or cong or any front...

 

 

Loan waiver is another hard hit on Banking systems...

dani badalu try to lend the money at low or 0% interest rates to Farmers....

 

Lol root cause ekkada natural calamities samara.. nellu leka, panta sariga pandaka, kothala time lo no noorpula time lo ne thupanu vaste.. tadisima vadlaki retu leka.. enni ibbandulu untay ba..

computer mundu ac lo kurchoni manam tene annam pandiche raitu matram roojuki moodu pootala naalugu vellu notloki eroju velthaya ani chestunnadu..

em raithu ku aathma hatya cheskovadam sarada anukunnava.. panta ko kotha purugu vachi ettu eena kundane, kandam rakundale, donga vittaanlu ammi sommu chesukuntu raitu ni mosam cheste nv cheppe middleman ni teseste entha varaku ee problem solve avtundi..

gov subsidy kinda chala loans isthayi, vyavasayam pine brathike raitu desham lo elanti sudsidies ekkuva cheste poyedi emi ladu... 

[bhaigan]

13 minutes ago, Rajugadu said:

Farmers ki panta nastam iyyali.. nv em anna anuko...

Farming is a kind of business, Farming lo economic reforms leka ne baga nasta pothunaru

[Sanathnagar_Satthi]

Just now, bhaigan said:

Practically naku kuda useless ane anipinchindi, to liftup people from poverty this is not right way. they need proper education and infrastructure

atleast fee reimbursement lanti schemes we can appreciate

 Corruption lekunte chalu kada.. already anni schemes unnayi.. farmers, stidents andarki.. dani meda focus cheyakunda.. inko sceme petti money isthe anduko entha percent poor families ki reach avthado theliadu

[bhaigan]

 

[Rajugadu]

2 minutes ago, bhaigan said:

Practically naku kuda useless ane anipinchindi, to liftup people from poverty this is not right way. they need proper education and infrastructure

atleast fee reimbursement lanti schemes we can appreciate

Fees reimbursement valla every year entha mandi out coming oo okasari chudu AP lo engg/ graduate courses ki viluva lekunda chesindi ade..

engg mba mca chesina pavrulu govt cleaning posts ki apply chestunnaru..

ee fee reimbursement valla bagu padindu students kanna college lu nadipey politicians... prathivadu permission techukuni clg petti fee teskovadame kani ahh clg lo entha varaku saduvu cheptunnaro chusava..

but still arogya sree is vwry good scheme it did make money to corporate hospitals but still many people are living a life today coz of it.... 

[Rajugadu]

4 minutes ago, bhaigan said:

Farming is a kind of business, Farming lo economic reforms leka ne baga nasta pothunaru

Ba bussiness only if u have a few acres of land or when u are growing some commercial crop if not then its just to eat food three times a day anthe

[Spartan]

2 minutes ago, Rajugadu said:

Lol root cause ekkada natural calamities samara.. nellu leka, panta sariga pandaka, kothala time lo no noorpula time lo ne thupanu vaste.. tadisima vadlaki retu leka.. enni ibbandulu untay ba..

computer mundu ac lo kurchoni manam tene annam pandiche raitu matram roojuki moodu pootala naalugu vellu notloki eroju velthaya ani chestunnadu..

em raithu ku aathma hatya cheskovadam sarada anukunnava.. panta ko kotha purugu vachi ettu eena kundane, kandam rakundale, donga vittaanlu ammi sommu chesukuntu raitu ni mosam cheste nv cheppe middleman ni teseste entha varaku ee problem solve avtundi..

gov subsidy kinda chala loans isthayi, vyavasayam pine brathike raitu desham lo elanti sudsidies ekkuva cheste poyedi emi ladu... 

sare...can u guarantee..that farmers ki iche ee free money to...

•  Farmers Suicide cheskokunda untara
• valla economic status or Gittu Baatu dhara issue solve avutada..
• natural Calamaties ki nobody can be saved, but if proper practices are followed a type crop veskovachu..dani kosam educate cehyadaniki vadandi dabbulu...

off course nuvvu cheppinattu AC lo kurchuni tine tindi..evad pandinchado..pandinchadaniki enta kashtapaddado teliyakunda vagutunna anuko...but i am pointing out will that solve those problems....

free money is not the solution for farming....