Congress proposed Nyay scheme in its manifesto

The Congress party in its election manifesto for the Lok Sabha Elections 2019 has announced a Minimum Income scheme Nyuntam Aay Yojana (Nyay) as a surgical strike against poverty.
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Last Updated: Apr 08,2019 12:10 IST

Congress proposed Nyay scheme in its manifesto

Congress proposed Nyay scheme in its manifesto

08 April 2019 Current Affairs: The Congress party in its election manifesto for the Lok Sabha Elections 2019 has announced a Minimum Income scheme Nyuntam Aay Yojana (Nyay) as a surgical strike against poverty.
The Nyay scheme is targeted towards 5 crore families who are the poorest 20% in India.
Nyay scheme guarantees each family a cash transfer of Rs. 72,000 a year and as far as possible the money will be transferred to a bank account of a woman in the family. There will a design phase (3 months), followed by pilot and testing phases (6-9 months) before the rollout of the plan. The Nyay scheme would be a joint scheme of the central and state governments.
Nyay scheme will be funded through new revenues and rationalisation of expenditure. Current merit subsidy schemes that are intended to achieve specific objectives will be continued. 
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