Congress consulted Raghuram Rajan, other economists before announcing minimum income scheme: Rahul

Addressing a meeting of his party workers in Jaipur, Rahul lashed out at Prime Minister Narendra Modi over his prime to transfer Rs 15 lakh to every bank account. 'We thought it was a good idea... Rs 15 lakh in bank accounts. But the promise was not fulfilled by Modi. We started our work six months ago to make such a thing reality,' he said.

Press Trust of India March 27, 2019 07:54:29 IST
Congress consulted Raghuram Rajan, other economists before announcing minimum income scheme: Rahul
  • Rahul Gandhi said the Congress consulted economists, including former RBI governor Raghuram Rajan, before it came up with the idea of minimum guaranteed income

  • He said Congress consulted 'all big economists, without telling anyone, without giving any speeches'

  • On Monday, Rahul had announced that Rs 72,000 per year will be given to poor families, if his party is voted to power in Lok Sabha election

Jaipur: Congress president Rahul Gandhi on Tuesday said his party consulted "big economists" including former RBI governor Rahuram Rajan before it came up with the idea of minimum guaranteed income to the poorest 20 percent households in the country.

Addressing a meeting of his party workers in Jaipur, Rahul lashed out at Prime Minister Narendra Modi over his prime to transfer Rs 15 lakh to every bank account. "We thought it was a good idea... Rs 15 lakh in bank accounts. But the promise was not fulfilled by Modi. We started our work six months ago to make such a thing reality," he said.

Congress consulted Raghuram Rajan other economists before announcing minimum income scheme Rahul

File image of Congress president Rahul Gandhi. Twitter @INCIndia

He went on to say that his party consulted "all big economists, without telling anyone, without giving any speeches".

"We were engaged in this work for six months. Take the list of all big economists of the world, we consulted them... Raghuram Rajan... one by one," he said.

"First, we came to know was that there should be a minimum income line. We calculated and the result was that the minimum income line should be 12,000 per month," he said, adding that the party will fulfil the promise.

On Monday, Rahul had announced in New Delhi that Rs 72,000 per year will be given as minimum income to poor families, benefiting around 25 crore people, if his party is voted to power in Lok Sabha election, and asserted it will be the “final assault” on poverty.

Rahul had said 20 percent or five crore families belonging to the poorest category with monthly income less than Rs 12,000 would come under the scheme

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