Isaac, Chennithala spar over minimum income scheme

THIRUVANANTHAPURAM: State finance minister Thomas Isaac and opposition chief Ramesh Chennithala on Wednesday crossed swords over the minimum source of revenue guarantee scheme introduced by way of the Congress.

“Congress and Rahul Gandhi are venturing out with crooked schemes to face the elections. Their claim is that Rs 72,000 would be given to the poor every year. Providing assist to poor is always welcome. But, don’t cheat them with fake guarantees. Congress’ promise is very similar to Narendra Modi’s plan to distribute Rs 15 lakh,” Thomas Issac mentioned. He asked the Congress to give an explanation for the programme’s investment supply and the way it intends to roll it out.


Rahul Gandhi had claimed that the scheme used to be carved out after consulting with experts like Thomas Piketty. “Economists like Piketty advocate heavy taxation of the wealthy and switch of the same to the poor. Is Congress ready to impose heavy tax at the wealthy? Gandhi is in truth not easy that luxurious tax be additional brought all the way down to 18%,” Issac mentioned in a social media submit. The minister additionally asked the Congress if it used to be prepared to confront the demanding situations if economy is driven to a fiscal deficit.


“Centre’s financial adviser Aravind Subramaiam had written widely in regards to the minimum source of revenue guarantee scheme within the financial survey document in 2016-17. But the scheme may no longer take off because of financial constraints. The Rs 6000 sustenance scheme for farmers introduced by way of Modi government used to be an evolutionary end result of the elemental source of revenue guarantee scheme,” Isaac added.


Reacting to the minister’s remarks, opposition chief Ramesh Chennithala mentioned Isaac has incorrect the minimum source of revenue guarantee scheme to a ‘crooked mission of Kerala Infrastructure Investment Fund Board’. “He is discovering fault with the scheme whilst economists like reserve bank former governor Raghuram Rajan have spoken highly of it. Isaac is making allegations which even the BJP don’t raise. It would simplest assist the BJP. Isaac had jumped with joy when the BJP implemented GST in a distorted method. You know what took place after,” Chennithala mentioned.
Isaac, Chennithala spar over minimum income scheme Isaac, Chennithala spar over minimum income scheme Reviewed by Kailash on March 28, 2019 Rating: 5
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