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Analysis: How the Congress can make the minimum income guarantee scheme a reality

Updated : March 28, 2019 06:53 AM IST

NYAY would be like a negative income tax — with income taxes you pay more the more you earn, whereas under this scheme, you will receive more the less you earn if you are in the poorest 20 percent of households.
There are problems of measuring income; most of the poor live in rural and the unorganised sector and we do not have a direct way of verifying their incomes such as through payroll or income tax.
We should remember that as with any other anti-poverty scheme, in the end, it is jobs, skills, and productivity growth that can reduce poverty in the long run.
Analysis: How the Congress can make the minimum income guarantee scheme a reality
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