Congress NYAY Yojna

Congress NYAY Yojna (PLEASE READ THIS TO UNDERSTAND CAUSE OF EMERGENCE AND RISKS )

I was trying to find how come suddenly Rahul Gandhi talking of NYAY ( Minimum Income Scheme ) for poors . Off course given his thinking prowess it could not be his brainchild . its of Sam Pitroda ( USA based an IT expert ) his mentor thought process .

In few part of globe Universal basic income is being tested as pilot project . We need to understand what led to that and its viability in Indian context .

Automation and Robots are slowly replacing human work force in every aspects leading to risk of employment for humans. Scientific advancement is bringing more efficiency , better productivity and also lowering the cost . So revenue in economy is not affected but increasing . Yes with more lay off it will bring economic inequality and social discontentment in society . To ensure that this does not turn into a massive discontentment many economies who are taking advantage of this technical advancement are ensuring that the minimum cost of living of their population should be taken care by government and so thus this concept of Universal Basic Income Guarantee Scheme is being implemented . Ultimately the corporates or business entities who are saving human labour cost , getting more revenue may be willing to get taxed more to help the government for this.

Sam Pitroda shared this to Rahul Gandhi and he has been guided to add in his election manifesto as NYAY scheme . But is the situation same in India as those Economies from where the idea has been copied .

Is India’s automation level reached that stage as of Japan or other developed countries ? The very idea of Universal Basic Income Guarantee Scheme was to cover up for the loss of personal income due to automation but In India such level of automation yet to come so where is the need to cater for loss of job and income today ?

Those countries have much lesser population to cater vis a vis Indian poor population to whom NYAY being offered. Most important those countries which are experimenting they have clarity on source and resource that will fund Universal Basic Income Guarantee Scheme but here does Rahul Gandhi has even correct estimate of beneficiaries and fund requirement and most importantly source and resource that will fund his NYAY scheme . In those economies there is clarity of personal income lost due to automation whereas in India no such data available .

Mr Rahul Gandhi should not copy anything on the advise of an USA based expert without doing a feasibility test . Those countries are running pilot project , yet to implement on nation wide basis but here in order to win election it has been declared that it will be implemented for whole India .

In India we have still much to achieve to reach the level of economic growth of developed countries . There is lot of industrial growth opportunities where the idle workforce can be employed . this is where Modiji vision is . Rahul Gandhi is just copying without assessing ground reality , need of it and most importantly risks involved in it.