HomeNewsOpinionPolitics | Lok Sabha Polls: Is NYAY enough to save the Congress?

Politics | Lok Sabha Polls: Is NYAY enough to save the Congress?

If the BJP had announced this scheme, without doubt the message would have reached the intended beneficiaries. The same cannot be said about the Congress, and for obvious reasons.

May 07, 2019 / 09:18 IST
Story continues below Advertisement

Rajeev Sharma 

Soviet leader Nikita Khrushchev famously said: “Politicians are the same all over. They promise to build bridges where there are no rivers.” Can this remark apply to Congress President Rahul Gandhi’s ambitious scheme called Nyuntam Aay Yojana (NYAY) which he announced on March 25?

Story continues below Advertisement

Much like former Prime Minister Indira Gandhi’s ‘Garibi Hatao’ in the seventies and Prime Minister Narendra Modi’s promise of 15 lakh rupees for every Indian once black money was recovered from foreign accounts, Rahul Gandhi’s NYAY faces the risk of promising the moon to the electorate during elections.

NYAY is a huge scheme, even by global standards and might not have a global parallel. It involves uniform cash transfers of Rs 72,000 a year, or Rs 6,000 a month, to the poorest 20 per cent households, or about 50 crore households based on 2011 census data. It requires mind-boggling Rs 360,000 crore a year, or close to 2 per cent of India’s current GDP.