NYAY, PM KISAN problematic, target narrow group: Arvind Subramanian

NYAY, PM KISAN problematic, target narrow group: Arvind Subramanian

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The Narendra Modi government’s new flagship scheme PM Kisan, as well as the Congress’ scheme do not meet the criterion of being good, targeted (UBI) schemes, former Chief Economic Advisor has said.

In a series of tweets on Friday, Subramanian said schemes like (Nyuntam Aay Yojana), and Telangana government’s Rythu Bandhu are “problematic because they target a narrow beneficiary group”.“I am strongly for quasi-universal schemes that ‘exclude out’ a few rather than ‘target in’ many. Despite progress, our experience with ‘targeting in’ has been poor. Schemes such as NYAY, PM-KISAN or Rythubandhu that target […]

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