Thursday, April 11, 2019

India can actually benefit from NYAY, but conditions apply

OPINION: Cash transfers to the poor gained respectability worldwide as a way of reducing poverty when programmes, in recent decades, targeted the extreme poor and made transfers conditional on beneficiaries meeting education and health requirements. Compared to these conditional cash transfer (CCT) programmes, Congress’ Nyuntam Aay Yojana (NYAY) proposes a guaranteed minimum income in India. It stands out not only for its scale, scope and vision, but also for the gap to be filled in identifying India’s extreme poor and establishing conditions necessary to make the transfers effective.

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