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

t 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 Party as India conducts polls for the 2019 -- will c

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Rural Bihar prefer healthcare, infrastructure over cash transfer: World Bank -Asit Ranjan Mishra

ew Delhi: A timely survey conducted in rural Bihar by a World Bank economist and two professors from the Georgetown University to gauge the response of poor people on the raging debate over a minimum Income Support Scheme showed that the poor preferred better public healthcare and road services over direct cash transfers. The survey conducted by Stuti Khemani, senior economist at the World Bank, and professors at the Georgetown University James Hab

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Necessary steps to ending poverty -Pulapre Balakrishnan

-The Hindu The provision of health, education and public services matters more than Income Support Schemes It is by now close to 50 years since Indira Gandhi brought the idea of eradicating poverty into the electoral arena in India. ‘Garibi Hatao’ had been her slogan. She actually took the country some distance in the promised direction. Though it had not come close to being eradicated in her time, it was under her leadership that

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'All parties treat farmers like beggars': Punjab's agriculture workers have no hope from elections -Manu Moudgil Recent farm loan waivers and Income Support Schemes have had little impact amid growing agrarian distress. In January, farmers across the state of Punjab took to the roads in protest. In 12 districts of the state, they were protesting against banks that filed cases against loan defaulting farmers. Also part of their demands from the government was compensation of Rs 10 lakh each for families of farmers that had committed suicides, a

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CPI(M) promises unemployment dole -Sobhana K Nair

chury said. The manifesto also promises a long standing demand of the trade unions that the statutory minimum wage should be fixed not less than ?18,000 per month. Following the PM Kisan Yojana Income Support Scheme launched by Narendra Modi government earlier this year, and the NYAY scheme of the Congress that offers Rs. 72,000 annually for the poorest families, the CPI(M) has proposed a ?6,000 per month old age pension for all citizens. The

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Few details, Rs 3.6 lakh crore-question: Will it be a top-up or subsidy tweak? -Aanchal Magazine

expenditure of about Rs 3.6 lakh crore annually — over six times the outlay of Rs 55,000 crore under the Mahatma Gandhi National Rural Employment Guarantee Scheme in Budget 2019. “Both Income Support Scheme and subsidies cannot co-exist since it would create huge pressure on government’s fiscal situation,”  Devendra Kumar Pant, chief economist, India Ratings said. The Budget for FY’18 showed there were about 950 C

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Will PM-Kisan transform India's agriculture support ecosystem? -Sayantan Bera The farm Income Support Scheme was launched after NDA’s other flagship schemes failed to tackle rural distress The scheme promises to pay Rs. 6,000 every year to each of the 120 million farmer families in India NEW DELHI: The Narendra Modi-led Bharatiya Janata Party (BJP) government at the centre announced a scheme for farmers in the interim budget presented on 1 February, with just a few months to go for the general el

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Will the PM Kisan Scheme Impress India's Farmers? -Varun Kumar Das

nnual income support of Rs 6,000. However, this scheme is hardly the first instance of agricultural income support in the country. States like Odisha and Telangana have individual state-level farm Income Support Schemes. The amount of Rs 6,000 is less than the farm income support provided by states such as those mentioned above. Interpreting the rationale The income support estimate of Rs 6,000 per farm household appears to be an arbitrary co

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A drop in an ocean of debt: how farmers have benefited from Rythu Bandhu -Priscilla Jebaraj

u The first transfer of money under the PM-KISAN scheme is scheduled for Sunday. Priscilla Jebaraj reports from villages in Warangal, Telangana on how farmers have benefited from Rythu Bandhu, the Income Support Scheme seen as the inspiration behind PM-KISAN Early one morning in the second week of February this year, A. Kumaraswamy, 30, set out from his home in Devanoor village in Telangana’s Warangal district and walked towards his cotton

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