Congress president Rahul Gandhi on Thursday said the Nyay (Nyuntam Aay Yojana) scheme will re-monetise what Prime Minister Narendra Modi demonetised.
He also asserted that his party’s minimum income guarantee for the poor has thrown the Bharatiya Janata Party (BJP) into total disarray.
Gandhi said the ‘Nyay’ scheme has the twin objectives of giving money to the 20% poorest families in India and remonetising the Indian economy “damaged” by demonetisation.
“What the PM has done over the past five years is to remove all money from the Indian economy with failed policies like demonetisation and a poorly executed Gabbar Singh Tax (GST). Informal sectors have been badly hit.The aim of the ‘Nyay’ scheme is two-fold. First is to guarantee a minimum income to the bottom 20% families. The second is to remonetise the economy that has been demonetised by Modiji,” Gandhi said in a PTI interview.
“There is another aspect to calling the scheme ‘Nyay’. Why have we chosen to call this scheme ‘Justice’? Because over the last five years, Mr Narendra Modi has simply snatched from poor and given nothing back.
“He has taken away from the farmers, he has snatched from the small and medium businesses, he’s taken away from the unemployed youth, he has extinguished the savings of mothers and sisters of this country. We want to return to India’s deprived sections what Modiji has snatched from them,” Gandhi said.
The Congress party has termed ‘Nyay’as a game changer and final assault on poverty,by building a fiscally fit India.
He said the party consulted a large number of economists and experts, studied numerous papers and other research material on this subject and run an extensive financial modelling exercise before deciding to include the plan in its Lok Sabha manifesto.
To a question on the scheme being prima facie populist, Gandhi said “it is not a populist measure as projected by some critics”.
“If giving out ₹3.5 trillion to 15 people by Narendra Modi is not considered populist, why should this be as it is aimed at benefitting the poor,” he said. “Is it only the crony capitalist friends of Mr Modi who are to benefit from government schemes? I’m only asking for fairness, for justice, or ‘nyay’ for India’s poor. There’s nothing populist about that,” he countered.
He asserted that ‘Nyay’ is the only solution to the financial stability of the country and thus confident about his new dream project.