Income guarantee

Income guarantee

The government’s announcement of a scheme to give small farmers Rs 6,000 cash per year is seen as a brilliant move that will reap political benefit in May. The scheme, announced in the Budget, comes after two other developments. First, a report that the government has suppressed which says that unemployment is at its highest in more than 45 years. Second, the Congress president Rahul Gandhi is talking of a minimum income guarantee.

The scheme for farmers already has precedent in India. In Telangana farmers are given Rs 8,000 per acre a year. The Modi government’s scheme is for farmers […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.