Isaac, Chennithala spar over minimum income scheme

Thiruvananthapuram | Thursday | 28th March, 2019

Summary:

The Rs 6000 sustenance scheme for farmers announced by Modi government was an evolutionary outcome of the basic income guarantee scheme,” Isaac added.Reacting to the minister’s remarks, opposition leader Ramesh Chennithala said Isaac has mistaken the minimum income guarantee scheme to a ‘crooked project of Kerala Infrastructure Investment Fund Board’. THIRUVANANTHAPURAM: State finance minister Thomas Isaac and opposition leader Ramesh Chennithala on Wednesday crossed swords over the minimum income guarantee scheme announced by the Congress.“Congress and Rahul Gandhi are venturing out with crooked schemes to face the elections. The minister also asked the Congress if it was willing to confront the challenges if economy is driven to a fiscal deficit.“Centre’s economic adviser Aravind Subramaiam had written extensively about the minimum income guarantee scheme in the economic survey report in 2016-17. “He is finding fault with the scheme while economists like reserve bank former governor Raghuram Rajan have spoken highly of it. Congress’ promise is similar to Narendra Modi’s plan to distribute Rs 15 lakh,” Thomas Issac said..