Sunday, January 17, 2021
Home News Reports Economist who had advised Rahul Gandhi on the NYAY scheme admits that farmers are...

Economist who had advised Rahul Gandhi on the NYAY scheme admits that farmers are not protesting because of provisions of the 3 farm bills

Essentially, Banerjee hinted that the three reforms introduced by the Modi government are per se not problematic, however, also subtly made a political point saying that the alleged 'distrust' between the farmers and the government is the cause for such a protest.

Nobel Prize winner and Economist Abhijit Banerjee on Thursday said that the ongoing farmers’ protest is less to do with the content of the farm laws passed by the Modi government and more about lack of trust between the farmers and the government. It is notable that Abhijit Banerjee was an advisor of the Rahul Gandhi and Congress party ahead of 2019 Lok Sabha elections.

Speaking on the ongoing protests by ‘farmers’ along the Haryana-Delhi border against the three farm laws introduced by the Modi government that is causing massive inconvenience to the public in the national capital, Abhijit Banerjee highlighted that the protests have nothing to do with provisions in the three laws passed by the government to bring in changes to the existing procurement structure in the country but because of the distrust between farmers and the government.

Essentially, Banerjee hinted that the three reforms introduced by the Modi government are per se not problematic, however, also subtly made a political point saying that the alleged ‘distrust’ between the farmers and the government is the cause for such a protest.

“The farmers are essentially acting out of suspicion of the govt’s motive. The crisis is about trust. It’s really not about the content of the legislation. It is interesting to see how long Haryana withstands pressure from its farmers,” Abhijit Banerjee said. He added, “It is not so much that you could not make a case for getting rid of many of these very old-fashioned institutions we have in the agriculture sector, we absolutely could, but the lack of trust is massive”.

Banerjee said all the negotiations with farmers eventually will have to go through some state governments. “This (the farm legislations) is a move at a time when states are feeling economically threatened because the economy is not delivering as much as it was earlier,” he said.

Abhijit Banerjee had helped Congress in formulating NYAY scheme

In the run-up to the Lok Sabha elections 2019, then Congress had announced in its manifesto a “Minimum Income Guarantee Scheme”- formally called Nyuntam Aay Yojana (NYAY), to five crore ‘poorest families’ covering 25 crore people by assuring them a guaranteeing minimum income of ₹6,000 per month or ₹72,000 a year. Abhijit Banerjee was credited as one of the economists who had advised the party in formulating the scheme.

Although the scheme proposed a guaranteeing minimum income of ₹6,000 per month or ₹72,000 a year, the exact amount promised kept changing with every rally of Rahul Gandhi. Sometimes it became ₹ 72,000 annually, sometimes it was ₹ 72,000 monthly. 

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

NIA summons pro-Khalistan outfit ‘Khalsa Aid’ in Sikhs For Justice in ‘Referendum-2020’ case, actor-turned ‘farmer’ Deep Sidhu also called

The NIA has summoned include officials of the controversial pro-Khalistan group 'Khalsa Aid' and also actor Deep Sidhu, who has time-and-again openly expressed his support to the Khalistan movement.

Biden to reverse President Trump’s policy on climate change, to end travel ban from Muslim countries

Amidst the threats from Islamic terrorism, in January 2017, President Trump had issued an executive order restricting refugees and travelers with passports from seven Muslim-majority countries.

Parler CEO goes into hiding after a series of death threats

Parler CEO John Matze Jr in the court filing said he and his employees are getting death threats

Watch: Mayank Agarwal wins hearts with a 102-metre six during Brisbane Test

When the team resumed playing post-lunch, Mayank Agarwal decided to dominate the Australian spin attack.

‘Not a single NPA in the three decades of its existence,’ Adani Group rubbishes Subramanian Swamy’s allegations

On Friday, BJP MP Subramanian Swamy had put out allegations on Twitter against Adani accusing him of non-payment of loans worth Rs 4.5 lakhs, which has allegedly turned into an NPA.

US State Department releases fact sheet alleging Covid-19 virus may have originated in Wuhan Institute of Virology, demands a thorough probe

US state department says that Wuhan Institute of Virology was studying the bat virus, and several researches had become sick

Recently Popular

Ravish Kumar apologises for spreading fake news about paddy procurement by govt after letter to NDTV by PIB: Here is what he said

After getting caught for peddling fake news about paddy procurement by govt, controversial NDTV news anchor Ravish Kumar has apologized

All you need to know about Jhanvi Kukreja murder case, the teenage girl who was brutally killed at a New Year party in Mumbai

Reports suggest that the injuries incurred by Jhanvi Kukreja were homicidal and not accidental

What the Nidhi-Harvard story reveals about our world: Get off your high horse, you are not that special, anyway

Liberal journalist, Nidhi Razdan, thought she had received an offer from Harvard University to become an Associate Professor of journalism.

Condom over Shivling: Netizens slam actress Sayoni Ghosh for desecrating Hindu symbol, expose her dubious ‘account hacked’ claim

Saayoni Ghosh claimed that her account was hacked and she didn't posted the image in 2015, but netizens proved she is lying

They’re paying someone in Taloja to torture him till he names Arnab, he’s on death bed: Ex-BARC CEO family speak up, file affidavit

Days after they arrested BARC COO Romil Ramgarhia, they arrested BARC former CEO Partho Dasgupta on the 25th of December 2020.

All you need to know about Navdeep Bains, minister who resigned from Trudeau govt: Corruption, Khalistan, immigration scam and lobbying for China

Navdeep Bains is considered to be one of the aggressive Khalistan sympathizers within the Canada government.

Massive protests erupt in Pakistan-occupied Kashmir against road construction by China to move troops

People in PoK protesting against a 33 km road from Yarkand that China is building to move its artillery and military personnel in the region

Madhya Pradesh: 13-year-old girl kidnapped and passed on from truck to truck, gang-raped multiple times by nine men

After gang-raped on January 4, the minor girl was again kidnapped by a truck driver on 10th & raped by several truckers

Network18 Group terminates CNBC Awaaz anchor Hemant Ghai after SEBI banned him for fraudulent trading

SEBI had banned Hemant Ghai from trading in the capital market, and also from giving any recommendation related to stocks.

NIA summons pro-Khalistan outfit ‘Khalsa Aid’ in Sikhs For Justice in ‘Referendum-2020’ case, actor-turned ‘farmer’ Deep Sidhu also called

The NIA has summoned include officials of the controversial pro-Khalistan group 'Khalsa Aid' and also actor Deep Sidhu, who has time-and-again openly expressed his support to the Khalistan movement.

Biden to reverse President Trump’s policy on climate change, to end travel ban from Muslim countries

Amidst the threats from Islamic terrorism, in January 2017, President Trump had issued an executive order restricting refugees and travelers with passports from seven Muslim-majority countries.

Parler CEO goes into hiding after a series of death threats

Parler CEO John Matze Jr in the court filing said he and his employees are getting death threats

Watch: Mayank Agarwal wins hearts with a 102-metre six during Brisbane Test

When the team resumed playing post-lunch, Mayank Agarwal decided to dominate the Australian spin attack.

‘Not a single NPA in the three decades of its existence,’ Adani Group rubbishes Subramanian Swamy’s allegations

On Friday, BJP MP Subramanian Swamy had put out allegations on Twitter against Adani accusing him of non-payment of loans worth Rs 4.5 lakhs, which has allegedly turned into an NPA.

US State Department releases fact sheet alleging Covid-19 virus may have originated in Wuhan Institute of Virology, demands a thorough probe

US state department says that Wuhan Institute of Virology was studying the bat virus, and several researches had become sick

How luck favoured ‘yorker specialist’ Natarajan and he became a game-changer for the Indian cricket team in Australia

While Indian fans await his splendid performance in the second innings of the Brisbane Test, for T Natarajan, the game has just begun.

Connect with us

245,563FansLike
496,912FollowersFollow
22,800SubscribersSubscribe