What is the nyay scheme?

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What is the nyay scheme?

In the last few days, the Congress party has talked about a scheme of guaranteed income support, NYAY, which it says it will implement if voted to power in the upcoming elections. However, several questions around the scheme remain: What is the nature of the proposed scheme? What is its expected size? How will it be financed?

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.

How much will Nyay cost in 2019-20?

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. But many families currently earn less than Rs 6,000 a month, and so will require a transfer of more than Rs 6,000 to cross the threshold of Rs 12,000.

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Is Nyuntam Aay Yojana financially feasible?

One concern is financial feasibility. NYAY pegs cost at Rs 3.6 tn —13\% of govt expenditures in 2019-20 budget. Congress’ minimum income scheme, Nyuntam Aay Yojana (NYAY), raises several puzzling questions.

What is Nyuntam Aay Yojana (Nyay)?

If and when Congress’ Nyuntam Aay Yojana, or NYAY scheme, for minimum income guarantee is implemented, it’ll be the biggest basic income globally. Here’s a snap analysis On 25 March, Congress president Rahul Gandhi announced the Nyuntam Aay Yojana, or NYAY scheme.

Is the Modi government improving the implementation of UPA-II schemes?

A recent article claimed that the Modi government has significantly improved or tweaked the implementation of various schemes started by the UPA-II administration. But the numbers quoted need to be questioned.

How many BPL families got free electrification under UPA 1?

But in the case of free electrification for BPL families, UPA’s worst year recorded connections to 9,61,730 households. In the first year of Modi government, they managed to connect only 7,59,377 BPL households.