Monday, 3 October, 2022
TopicMinimum income guarantee

Topic: Minimum income guarantee

3 things Congress must explain before India’s poor believe in its minimum income support

While the Congress’ Rs 6,000 a month income guarantee is ambitious, there is no clarity yet on how the 20% poor households will be picked.

Congress party’s minimum-income scheme for the poor is short on funding details

The plan has left economists wondering how this would be rolled out without breaching the budget deficit goal of 3.4% of GDP for the fiscal year starting April. 

Thomas Piketty explains why he is helping Rahul Gandhi with minimum income guarantee

French economist defends Congress' minimum income guarantee scheme, says India's poor have been 'badly treated by the country's elite'.

Thomas Piketty & Angus Deaton help frame Rahul Gandhi’s minimum income promise

British economist Angus Deaton, a 2015 Nobel Prize winner, and French economist Thomas Piketty are helping Congress shape its minimum income scheme.

Rahul Gandhi gatecrashes the Budget and PM Modi’s final exam preparations

The best cartoons of the day, chosen by editors at ThePrint.

Basic income for poor demands subsidy cuts, a step govts in India are unlikely to take

If no effort is made to consider how a minimum income guarantee is financed, then the expenditure would lead to cuts in public investment & higher borrowing.

No way Congress’ minimum income guarantee will work without raising taxes

Money is what Congress' minimum income guarantee would boil down to.

Modi’s empty kettle whistles loud while Rahul shines Indira’s old shoes

The best cartoons of the day, chosen by editors at ThePrint.

On Camera

YourTurn

Illustration by Prajna Ghosh | ThePrint

Over 38% inmates in Indian jails are OBCs, 10% increase in a decade, study finds

Religious minorities, specifically Muslims and Sikhs, have been overrepresented among prison inmates for years now, but there have been some shifts in the last decade, NCRB data shows.
A man counts Indian currency notes inside a shop in Mumbai, India | Reuters/Francis Mascarenhas

RBI tells state refiners to reduce dollar buying in spot market, contain sharp fall in rupee

RBI has ensured that $9 billion has been made available at overseas branches of some Indian banks for the country's three state-run refiners to tap, according to sources.

Defence

Naval Group & IIT Goa signing agreement to extend partnership on 28 September | Twitter @navalgroup

France’s Naval Group, IIT Goa extend R&D deal for underwater surveillance, submarine imaging

Agreement will act as catalyst for improving analysis of data collected by underwater sensors through application of neural systems & AI.

India’s hijab supporters will lose even if they win SC battle. Because the real war is political

In a highly polarised time, cornered minorities tend to lean back and protect the roots and fundamentals of what is so dear to them. Politically, it can often be a bad trap.
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