Prime Minister Narendra Modi government should implement a minimum income guarantee scheme to boost rural consumption, on the lines of what his party had promised before the 2019 Lok Sabha elections, and a national farm loan waiver to tackle rural distress, the Congress said on Wednesday.
Addressing a press conference as part of the Congresss special series on the Union Budget, former Maharashtra Chief Minister Prithviraj Chavan asked the union government to spell out its measures to double farm incomes by 2022.
Mr. Chavan demanded reduction in Goods and Services Tax (GST) rates on agriculture inputs to less than 5% and said the government should announce measures like universal basic income to put more money in the hands of farmers and the poor so that their consumption increases.
The party demanded that petrol and diesel be brought under the GST regime. He said the Centre had earned over 13.5 lakh crore by way of taxes on petroleum products in the past five years.
We demand that the government should put more money in the hands of 95% of the poor who live in rural areas and help improve consumption through schemes like MNREGA. The government should also bring a universal basic income scheme to ensure that there is direct benefit to people and money should go into their accounts directly to help improve consumption levels, Mr. Chavan said.
The Congress leader also raised serious questions about the Centres procurement policy, minimum support price, functioning of the Food Corporation of India (FCI) and the crop insurance scheme. I want to give some figures. In 2019-20, the total amount disbursed as compensation to Kharif crops is 153 crore, while the premium collected by the insurance companies is to the tune of 25,853 crore, he said.
Mr. Chavan said that for the farmers income to double by 2022, the agriculture sector would have to see a compound growth rate of at least 12% annually, while it was only growing at 2.9%.
How will Indias dream of becoming a $5 trillion economy be accomplished, Mr. Chavan asked and asserted that Indias official data had now come under the global scanner for its credibility. There is a lot of jugglery of figures going on and, therefore, the credibility of India is being questioned, he alleged.
Mr. Chavan also said the Centre was in default when it came to paying the States share of taxes and claimed that the union government owes 15,000 crore to Maharashtra alone.
You have reached your limit for free articles this month.
Register to The Hindu for free and get unlimited access for 30 days.
Find mobile-friendly version of articles from the day's newspaper in one easy-to-read list.
Enjoy reading as many articles as you wish without any limitations.
A select list of articles that match your interests and tastes.
Move smoothly between articles as our pages load instantly.
A one-stop-shop for seeing the latest updates, and managing your preferences.
We brief you on the latest and most important developments, three times a day.
Not convinced? Know why you should pay for news.
*Our Digital Subscription plans do not currently include the e-paper ,crossword, iPhone, iPad mobile applications and print. Our plans enhance your reading experience.
Read the original post:
- Get creative to help artists through pandemic - The Guardian - February 11th, 2021
- BC has better tools than universal basic income to create a more just society, report finds - UBC News - February 1st, 2021
- Universal basic income has time come for it? Debate intensifies in pandemic - WRAL Tech Wire - December 3rd, 2020
- Basic income for all: Has the Covid crisis given us a new economic model? - The Irish Times - December 3rd, 2020
- What is the Liveable Income Guarantee, and how could it affect you? - Yahoo Finance Australia - October 8th, 2020
- Two Years of Duques Colombia: Deepening Neoliberalism, Increased Violence and a Public Health Crisis - NewsClick - August 13th, 2020
- Why Kamala Harris VP pick could cost Biden the election - Fox Business - August 13th, 2020
- Magic Reports Second Quarter and First Half 2020 Financial Results with Record-Breaking Operating Income of $9.8 million, reflecting a 22% Year Over... - August 13th, 2020
- Why We Should Turn to Earned Income Tax Credit to Aid Those Struggling Through Pandemic - The National Interest - August 8th, 2020
- Millions of America's working poor may lose out on key anti-poverty tax credit because of the pandemic - The Conversation US - August 7th, 2020
- Could $50 a Week Empower High School Students to Set and Meet Education Goals? This New Orleans School Aims to Find Out - redlakenationnews.com - August 7th, 2020
- Heres How We Remake the Economy - Common Dreams - August 5th, 2020
- VOICE OF THE PEOPLE July 31, 2020 - TheChronicleHerald.ca - July 31st, 2020
- Health unit calls for universal basic income - The North Bay Nugget - July 30th, 2020
- Job guarantee program could bolster economy more than ... - July 27th, 2020
- The Gray Market: Why the Entire Art World Should Back Canadian Arts Workers Push for Universal Basic Income (and Other Insights) - artnet News - July 26th, 2020
- Extra $600 unemployment benefits set to expire this weekend - WKOW - July 25th, 2020
- Why Now is the Time to ACT on KUB - SACE - Clean Energy News - July 25th, 2020
- What is Basic Income? | Guaranteed Universal Basic Income - July 25th, 2020
- ECLAC calls for urgent regional cooperation beyond the pandemic to foster more integration and avert a food crisis - Dominican Today - July 25th, 2020
- 'A recovery that puts people first': A group of young Australians is demanding a government job guarantee to fight both soaring unemployment and... - July 24th, 2020
- Analysis: Behind the legal maneuvering in the Reclaim Idaho initiative - Idaho EdNews - July 24th, 2020
- In the wake of Covid-19, time to consider basic income: Senate report - Investment Executive - July 21st, 2020
- COVID-19 on P.E.I.: What's happening Tuesday, July 14 - CBC.ca - July 21st, 2020
- COVID-19 on P.E.I.: What's happening Monday, July 13 - CBC.ca - July 20th, 2020
- Lift Every Voice: The Urgency of Universal Civic Duty Voting - Brookings Institution - July 20th, 2020
- Largest cities in Colombia reverse reopening as coronavirus threatens to collapse healthcare - Colombia Reports - July 17th, 2020
- GST: The increase Australia doesn't have to have Monash Lens - Monash Lens - July 15th, 2020
- Bogot returns to strict quarantine based on rotating localities as of July 13 - The City Paper Bogot - July 11th, 2020
- Why a Universal Basic Income is the solution to inequity - Women's Agenda - June 22nd, 2020
- Crypto Experts Reveal Thoughts: How Will Bitcoin Perform After the COVID-19 Crisis Has Passed? - PRNewswire - June 22nd, 2020
- Interviews: Punks on Politics: Checking in with Mel Gagarin - Punknews.org - June 22nd, 2020
- COVID-19: UN agencies warn against rising hunger in Latin America and the Caribbean - UN News - June 22nd, 2020
- Universal Basic Income: Andrew Yang Was Pushing for It Long Before Coronavirus Pandemic - PopCulture.com - May 9th, 2020
- Coronavirus is a crisis for the developing world, but here's why it needn't be a catastrophe - The Guardian - May 9th, 2020
- Starvation in the time of Corona: momentum for the Universal Basic Dividend - DiEM25 - May 9th, 2020
- Adam Schiff Says Trump's Cult of the President Has Infected the Republican Party - Mother Jones - May 9th, 2020
- Common Arguments Against Basic Income Don't apply to the Emergency BI - Basic Income News - March 31st, 2020
- How a Basic Income And Jobs Guarantee Can Save The Economy From Coronavirus - The National Interest - March 31st, 2020
- I've lived through plenty of social shocks this time we must learn the lessons - The Guardian - March 31st, 2020
- Coronavirus: Iain Duncan Smith says dont bring in universal basic income during pandemic as it would be disincentive to work - The Independent - March 26th, 2020
- Solidarity Economicsfor the Coronavirus Crisis and Beyond - The American Prospect - March 26th, 2020
- We face a war against coronavirus and must mobilise accordingly | Free to read - Financial Times - March 26th, 2020
- Lockdown to fight coronavirus is going to hit most Indian workers very hard - Livemint - March 26th, 2020
- Beware of a lopsided lockdown - The Hindu - March 26th, 2020
- Life, Liberty, and Basic Income | Opinion - Harvard Crimson - February 29th, 2020
- Eliminating Child Poverty With a Government Check - The New York Times - January 30th, 2020
- Andrew Yang Expects 'Many' of His Supporters to Back Sanders in Iowa: We 'Have a Lot of Overlap' - Newsweek - January 30th, 2020
- Trump to let states overhaul Medicaid for the poor, seeking to change Obamacare without legislation - Washington Examiner - January 30th, 2020
- P.E.I. groups say basic Income should not replace addictions, other supports - The Journal Pioneer - January 27th, 2020
- 5 Psychological Forces That Turn People into Political Hacks | Aaron Pomerantz - Foundation for Economic Education - January 13th, 2020
- WAYNE YOUNG: Island voices must be heard - The Guardian - December 15th, 2019
- The Guardian view on Finlands new PM: a different type of leadership - The Guardian - December 15th, 2019
- Basic Income as 40 Acres and a Mule - Basic Income News - October 16th, 2019
- 'Most Americans Don't Want To Work for the Federal Government' Says Andrew Yang, Trashing Federal Jobs Guarantee - Reason - October 16th, 2019
- Democratic debate highlights: best and most substantive answers of the night - Vox.com - October 16th, 2019
- Sanders: 'Damn right we will' have a job for every American | TheHill - The Hill - October 16th, 2019
- Assembly Elections 2019: Why is the Congress evasive about NYAY scheme this poll season? - Moneycontrol.com - October 16th, 2019
- Letter to the Editor: Universal basic income is inevitable as we head toward a fully automated society - The Post - October 16th, 2019
- Democrats focus on some Midwestern issues at Westerville debate, a departure from past three forums - cleveland.com - October 16th, 2019
- New book reviews the Namibian Basic Income pilot - Basic Income News - October 1st, 2019
- Quick notes from Basic Income Guarantee Panel - falicon.com - January 28th, 2019
- 'Hartz reforms': how a benefits shakeup changed Germany ... - January 28th, 2019
- Basic income could end food insecurity - Upstream - January 3rd, 2019
- Basic Income Guarantee - Your Right to Economic Security ... - November 8th, 2018
- The Ethics and Economics of the Basic Income Guarantee ... - September 18th, 2018
- Is a Basic Income Guarantee the Right Choice for Ontario? - June 27th, 2018
- Basic Income Now | It's time for dignity for all - March 17th, 2018
- 'Me too' and the basic income guarantee | Basic Income News - February 6th, 2018
- Food shopping at dollar stores | Brantford Expositor - Brantford Expositor - August 24th, 2017
- How Cities Can Rebuild the Social Safety Net - CityLab - August 24th, 2017
- After lifting minimum wage, NDP government prepares to consult public about reducing poverty - Straight.com - August 16th, 2017
- Universal Basic Infrastructure to help decrease India's poverty - Economic Times - August 14th, 2017
- New Zealand Fabians host Basic Income panel - Basic Income News - August 13th, 2017
- Hashtag Trending Battery-free phone, Apple's China backlash - IT World Canada - August 10th, 2017
- Universal basic income proponent to speak in Boise - Idaho Press-Tribune - August 7th, 2017
- Let's talk about a supplemental income - The Hindu - August 7th, 2017
- Is a Well-Paying Job the next Entitlement Program? - Big Think (blog) - August 5th, 2017
- DON PRIDMORE: Be careful what you wish for... - The Guardian - August 1st, 2017
- EDITORIAL: Island needs dollars, not data, to cope with poverty - The Guardian - July 29th, 2017