Minimum Income Guarantee Scheme- Is Rahul Gandhi's Lok Sabha Poll promise fiscally viable?

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In the run-up to Lok Sabha polls 2019, Congress president Rahul Gandhi announced 20% of families belonging to the weakest category would be given Rs 72,000 each annually as minimum income if his party comes to power. Is the scheme fiscally tenable or will it lead to fiscal ruin? TK Arun from The Economic Times explains

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    Minimum Income Guarantee Scheme- Is Rahul Gandhi's Lok Sabha Poll promise fiscally viable?

    In the run-up to Lok Sabha polls 2019, Congress president Rahul Gandhi announced 20% of families belonging to the weakest category would be given Rs 72,000 each annually as minimum income if his party comes to power. Is the scheme fiscally tenable or will it lead to fiscal ruin? TK Arun from The Economic Times explains

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    Finance Minister Arun Jaitley, today termed Rahul Gandhi's promise of minimum income of 72,000 annually to 20 per cent families in poorest of the poor category as the biggest bluff. No political party has betrayed India for more than seven decades other than the Congress Party. It gave people of India slogans & very little resources to implement them, reiterated Jaitley. Highlighting, BJP-led NDA govts achievements, Jaitley said 'n the last 5 years, the govt. headed by PM Modi introduced DBT through banks. Besides subsidies for food, fertilizer, kerosene, 55 Ministries handed over subsidies to the poor through the DBT which was enabled by AADHAAR.'

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    AICC Press Briefing By Randeep Singh Surjewala at Congress HQ on minimum income guarantee scheme

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  • Watch Congress party will give minimum income guarantee to the poor after 2019 elections: Rahul Gandhi Video
    Congress party will give minimum income guarantee to the poor after 2019 elections: Rahul Gandhi

    कांग्रेस पार्टी ने एक ऐतिहासिक निर्णय लिया है कि 2019 चुनाव जीतने के एकदम बाद कांग्रेस पार्टी गारंटी करके न्यूनतम आमदनी देने जा रही है : कांग्रेस अध्यक्ष राहुल गांधी
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    2019 Polls: Rahul Gandhi promises minimum income guarantee to poor

    Congress president Rahul Gandhi announced Monday that his party would ensure minimum income guarantee for every poor in the country if it returns to power after the Lok Sabha polls due in April-May. 'The Congress has decided to take a historic decision... The Congress-led government is going to give minimum income guarantee. This means, each poor person in India will have minimum income. This means there will be no hungry, poor people in India,' Gandhi said.

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    Time has come to wipe out poverty: P Chidambaram on minimum income guarantee

    Terming Rahul Gandhi's promise of a minimum income guarantee historic, former Finance Minister P. Chidambaram here said on Monday the Congress would explain in its election manifesto how it will implement the plan, which will mark a turning point in the lives of the poor. He said India's poor had the first right on the country's resources and the party would find the resources to implement the Congress president's promise. In an exclusive conversation with ET NOW's Supriya Shrinate, Chidambaram explains Congress' minimum income guarantee scheme announcement. Listen-in!!!

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  • Watch The Minimum income scheme is about better targetting, empowering people- Raghuram Rajan Video
    The Minimum income scheme is about better targetting, empowering people- Raghuram Rajan

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    There is a level of income support at which people would prefer not to work. Studies show targeted schemes do not necessarily create laziness: Raghuram Rajan to ET NOW.

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