Congress President Rahul Gandhi on Monday launched his latest attack on poverty by announcing that his minimum guaranteed income scheme known as Nyuntam Aay Yojana will provide up to Rs 72,000 annually to the poorest 5 crore families in India. The announcement has once again raised questions on the efficacy of such income support scheme in tackling poverty.
A minimum monthly handout of Rs 6,000 to poor households, those with a monthly income of Rs 12,000, will help in eradication of poverty as it offers a safety net to the poor against shocks such as income fluctuation, lack of employment […]
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