Former RBI Governor agrees with Rahul Gandhi, believes NYAY scheme possible to implement

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Former RBI Governor agrees with Rahul Gandhi, believes NYAY scheme possible to implement

G Plus News | March 27, 2019 13:09 hrs

GUWAHATI: According to a report by PTI, the Congress’ minimum income guarantee scheme, which promises Rs. 72,000 per annum to poorest families in the country will be rolled out in phases, according to senior leader P. Chidambaram. 

On March 27, he said that five crore beneficiary families will be covered in phases and that a number of economists and experts in the subject have been consulted and they agree that the country will be able to implement the scheme and has the capacity to do so. 

The report also mentioned that former RBI Governor,  believes that the scheme can be implemented. 

Chidambaram said that the allocation of the scheme will constitute 1.8% of the GDP and will have to be tested in the field before being rolled out. An expert committee will also be set up for the implementation of the scheme and data is available to identify the “poorest of the poor” five crore families who will be the beneficiaries for this scheme. 

He further added that he and his party are aware of the challenges that come with the successful running of the scheme, but they will overcome them. 

A total of five crore families and 25 crore people are expected to directly benefit from the scheme.

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Raghuram Rajan

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