Nyuntam Aay Yojana
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Nyuntam Aay Yojana
The ''Nyuntam Aay Yojana'' (; abbr. Nyay; a Hindi word meaning "justice") was a proposed social welfare programme by the Indian National Congress in its 2019 general election manifesto. It promised that the party, if voted to power in the 2019 Indian general election, would enact a law under which it would distribute cash to the bottom 20 per cent of India's families in terms of wealth, as a minimum guarantee programme. These households would each receive up to a year, a program the Congress claimed would benefit 250 million people in India.Congress's Minimum Income Guarantee Scheme "NYAY" Explained In 10 Points
NDTV (26 March 2019),
In May 2020, a reworked version of the ''Nyuntam Aay Yojana' ...
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Guaranteed Minimum Income
Guaranteed minimum income (GMI), also called minimum income (or mincome for short), is a social-welfare system that guarantees all citizens or families an income sufficient to live on, provided that certain eligibility conditions are met, typically: citizenship; a means test; and either availability to participate in the labor market, or willingness to perform community services. The primary goal of a guaranteed minimum income is reduction of poverty. In circumstances when citizenship is the sole qualification, the program becomes a universal basic income system. Elements A system of guaranteed minimum income can consist of several elements, most notably: * Calculation of the social minimum, usually below the minimum wage * Social safety net that helps those without sufficient financial means survive at the social minimum through payments or a loan, generally conditional on availability for work, performance of community services, some kind of social contract, or commitment t ...
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The Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherida ...
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Agenda 2030
The Sustainable Development Goals (SDGs) or Global Goals are a collection of 17 interlinked objectives designed to serve as a "shared blueprint for peace and prosperity for people and the planet, now and into the future".United Nations (2017) Resolution adopted by the General Assembly on 6 July 2017, Work of the Statistical Commission pertaining to the 2030 Agenda for Sustainable DevelopmentA/RES/71/313) The goals are: No poverty, zero hunger, good health and well-being, quality education, gender equality, clean water and sanitation, affordable and clean energy, decent work and economic growth, industry, innovation and infrastructure, Reduced Inequality, Sustainable Cities and Communities, Responsible Consumption and Production, Climate Action, Life Below Water, Life On Land, Peace, Justice, and Strong Institutions, Partnerships for the Goals. The SDGs emphasize the interconnected environmental, social and economic aspects of sustainable development by putting sust ...
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Poverty In India
India is a developing nation. Although its economy is growing, poverty is still a major challenge. However, poverty is on the decline in India. According to an International Monetary Fund paper, extreme poverty, defined by the World Bank as living on US$1.9 or less in purchasing power parity (PPP) terms, in India was as low as 0.8% in 2019 and the country managed to keep it at that level in 2020 despite the unprecedented COVID-19 outbreak. According to World Bank, extreme poverty has reduced by 12.3% between 2011 and 2019 from 22.5% in 2011 to 10.2% in 2019. A working paper of the bank said rural poverty declined from 26.3% in 2011 to 11.6% in 2019. The decline in urban areas was from 14.2% to 6.3% in the same period.The poverty level in rural and urban areas went down by 14.7 and 7.9 percentage points, respectively. According to United Nations Development Programme administrator Achim Steiner, India lifted 271 million people out of extreme poverty in a 10-year time period ...
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Business Line
''Business Line'' or ''The Hindu Business Line'' is an Indian business newspaper published by Kasturi & Sons, the publishers of the newspaper ''The Hindu'' located in Chennai, India. The newspaper covers priority industry verticals, such as Agriculture, Aviation, Automotive, IT, in weekly specials. The paper is printed at 17 centres across India, reaching metros as well as emerging Tier I and Tier II cities. Business Line has a daily circulation of 1,17,000 copies, per the Audit Bureau of Circulation in 2016. See also *List of newspapers in India , there were over 100,000 publications registered with the Registrar of Newspapers for India. India has the second-largest newspaper market in the world, with daily newspapers reporting a combined circulation of over 240 million copies . There are ... References External links * 1994 establishments in Tamil Nadu English-language newspapers published in India The Hindu Group Newspapers published in Kolkata Business newspa ...
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Business Today (India)
''Business Today'' is an Indian fortnightly business magazine published by Living Media India Limited, in publication since 1992. Business Today Multiverse is a multifaceted media entity, with the many arms of the multiverse comprising a magazine, a website, television, YouTube, multiple social media channels, and an array of powerful event IPs. In February 2022, the magazine released 2-volume edition to celebrate its 30th anniversary. After naming Udayan Mukherjee as its global business editor, the network has named prominent magazine editor, Sourav Majumdar, as the new editor of business today Magazine, and Siddharth Zarabi, former editor of Bloomberg TV, as the managing editor of Business Today TV. Circulation Business Today has the highest circulation and readership amongst business magazines, and is also among the top 10 English-language magazines across genres. Business Today is published once a fortnight, and commands a readership base of 1.7 million readers. Events ...
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Ford Foundation
The Ford Foundation is an American private foundation with the stated goal of advancing human welfare. Created in 1936 by Edsel Ford and his father Henry Ford, it was originally funded by a US$25,000 gift from Edsel Ford. By 1947, after the death of the two founders, the foundation owned 90% of the non-voting shares of the Ford Motor Company. (The Ford family retained the voting shares.) Between 1955 and 1974, the foundation sold its Ford Motor Company holdings and now plays no role in the automobile company. Ahead of the foundation selling its Ford Motor Company holdings, in 1949, Henry Ford II created the , a separate corporate foundation that to this day serves as the philanthropic arm of the Ford Motor Company and is not associated with the foundation. The Ford Foundation makes grants through its headquarters and ten international field offices. For many years, the foundation's financial endowment was the largest private endowment in the world; it remains among the wealthie ...
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Abhijit Banerjee
Abhijit Vinayak Banerjee (; born 21 February 1961) is an Indian-American economist who is currently the Ford Foundation International Professor of Economics at Massachusetts Institute of Technology. Banerjee shared the 2019 Nobel Memorial Prize in Economic Sciences with Esther Duflo and Michael Kremer "for their experimental approach to alleviating global poverty". He and Esther Duflo, who are married, are the sixth married couple to jointly win a Nobel Prize. * * * Early life and education Abhijit Banerjee was born to a Bengali father and to a Marathi mother in Mumbai. * * * * * His father, Dipak Banerjee, was a professor of economics at Presidency College, Calcutta, and his mother Nirmala Banerjee (née Patankar), a professor of economics at the Centre for Studies in Social Sciences, Calcutta. His father, Dipak Banerjee, earned a PhD in economics from the London School of Economics. He received his school education in South Point High School, a renowned educationa ...
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Vote Bank Politics
Votebank (also spelled vote-bank or vote bank), in the political discourse of India, is a term referring to a loyal bloc of voters from a single community, who consistently back a certain candidate or political formation in democratic elections. Such behavior is often the result of an expectation of benefits, whether real or imagined, from the political formations, often at the cost of other communities. Votebank politics is the practice of creating and maintaining votebanks through divisive policies. As it encourages voting on the basis of self-interest of certain groups, often against their better judgement, it is considered harmful to the principles of representative democracy. Here, community may be of a caste, religion, language, or subnation. Etymology The term was first used by noted Indian sociologist, M. N. Srinivas in his 1955 paper entitled ''The Social System of a Mysore Village''. He used it in the context of political influence exerted by a patron over a client. La ...
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Bahujan Samaj Party
The Bahujan Samaj Party (BSP) is a national level political party in India that was formed to represent Bahujans (literally means "community in majority"), referring to Scheduled Castes, Scheduled Tribes, and Other Backward Classes (OBC), along with religious minorities. According to Kanshi Ram, when he founded the party in 1984, the Bahujans comprised 85 percent of India's population, but were divided into 6,000 different castes. The party claims to be inspired by the philosophy of Gautama Buddha, B. R. Ambedkar, Mahatma Jyotiba Phule, Narayana Guru, Periyar E. V. Ramasamy and Chhatrapati Shahuji Maharaj. Kanshi Ram named his protégée, Mayawati, as his successor in 2001. The BSP has its main base in the Indian state of Uttar Pradesh where it was the second-largest party in the 2019 Indian general election with 19.3% of votes and third-largest in the 2022 Uttar Pradesh Legislative Assembly election with 12.88% of votes. Its election symbol is an elephant which is the sam ...
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Mayawati
Kumari Mayawati (born 15 January 1956) is an Indian politician. She has served four separate terms as Chief Minister of Uttar Pradesh. She is the national president of the Bahujan Samaj Party (BSP), which focuses on a platform of social change for ''Bahujans'', more commonly known as Other Backward Castes, Scheduled Castes and Scheduled Tribes as well as converted minorities from these castes. She was chief minister briefly in 1995 and again in 1997, then from 2002 to 2003 and from 2007 to 2012. Mayawati's rise from humble beginnings has been called a "miracle of democracy" by P. V. Narasimha Rao, former prime minister of India. In 1993 Kanshi Ram formed a coalition with the Samajwadi Party and Mayawati became the Chief Minister of Uttar Pradesh in 1995. She was the first female Scheduled Caste chief minister in India. In 1997 and in 2002 she was chief minister with outside support from the Bharatiya Janata Party (BJP), the second time only for a year up to 26 August 20 ...
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