India, April 15 -- How practical is the newly proclaimed promise called Nyuntam Aay Yojana ( minimum income guarantee programme) by the Indian National Congress, if voted to power in the 2019 General elections? What are the probable ramifications of this scheme? What will be its impact on small industries, rural and micro businesses and farming activities? Will it result in the final victory over poverty as claimed?

Poverty as a term has wide scope for interpretation. And it is easier to propose a solution to eradicate it. But without addressing the root causes of poverty, transferring money to one's bank account can badly backfire. The poll promise called Nyuntam Aay Yojana (NYAY) is projected as "the final assault on poverty" and a surgi...