Letter to BS: Where will the come money from to fund Congress' promises

This refers to “Where is the money?” (April 4). The Congress party is the oldest political party of India. Hence, every promise made in its manifesto assumes importance. One of the prominent promise made is the scheme of Nyuntam Aay Yojana (NYAY) that will cost Rs 3.6 lakh crore. It has been said that prominent economists of the world were consulted before framing this scheme. Some of the eminent economists have also suggested funding of the NYAY scheme by levying 2 per cent wealth tax on the rich who have wealth valued more than Rs 2.5 crore though the draft