Some, including the NITI Aayog chief, have slammed the Congress party of fiscal imprudence in proposing minimum income guarantee, or NYAY, of Rs 6,000 per month to 20 per cent poorest households. The estimated Rs 3.6 trillion payout looks prohibitive. However, a closer inspection of the proposed scheme and current political dynamics make it eminently workable.
To begin with, Congress does not intend to implement it as soon as it comes to power, that is if it does, on May 23, 2019. Experts in the party, which include Manmohan Singh and P Chidambaram, who were helped by its data analytics