What is Nyay scheme 2019?

NYAY Scheme 2019: The income guarantee scheme will cover 5 crore poor families in India. What is NYAY Scheme 2019: Nyuntam Aay Yojana announced by the Congress President Rahul Gandhi is an income guarantee scheme, being touted as the final attack on poverty.

What do we know about Nyuntam Aay Yojana?

Congress’ minimum income scheme, Nyuntam Aay Yojana (NYAY), raises several puzzling questions. Congress president Rahul Gandhi stated his party worked on the scheme for six months and consulted ‘all big economists’, including former RBI governor Raghuram Rajan.

What is the financial feasibility of new national family Yojana (Nyay)?

The final issue concerns financial feasibility. Based on coverage of 20\% families and Rs 6,000 a family, proponents of NYAY have placed the cost at Rs 3.6 trillion – 13\% of total GoI expenditures in the 2019-20 budget.

How can Nyay help the commodity market in India?

NYAY shall help the commodity market and its traders more than the poverty striken people of India. Enabling prople to fight out of poverty shall require affordable basic facilities, infrastructure and handholding . We need to learn from Chinese and Israel economy.

Is Congress’ Nyay scheme pushing BJP on the backfoot?

The Congress’ NYAY scheme has pushed the BJP on the backfoot. The writer, a former member of the Planning Commission and Rajya Sabha, was also a member of the Congress party’s national manifesto committee Follow us on Telegram , Facebook, Twitter, Instagram, YouTube and Linkedin.

What is Nyuntam Aay Yojana 2019?

What is NYAY Scheme 2019: Nyuntam Aay Yojana announced by the Congress President Rahul Gandhi is an income guarantee scheme, being touted as the final attack on poverty. Under it, Rs 72,000 will be provided to the poorest 5 crore families or 25 crore people in India. The announcement came days before the beginning of Lok Sabha elections 2019.