Congress releases manifesto for Lok Sabha election with focus on jobs, farmers, Nyayhttps://indianexpress.com/photos/india-news/congress-releases-manifesto-for-lok-sabha-election-with-focus-on-jobs-farmers-nyay/

Congress releases manifesto for Lok Sabha election with focus on jobs, farmers, Nyay

The Congress on Tuesday released its manifesto for the Lok Sabha polls, making a slew of promises, including giving Rs 72,000 each to five crore poor families under the 'Nyay' scheme, filling up 22 lakh government vacancies, bringing a separate budget for farmers and fixing a single moderate GST rate.

The Congress party manifesto promises to waive the outstanding loan of farmers and ending the non-payment of loans as a criminal offence. The Congress manifesto also introduces a separate ‘Kisan budget’ to prioritise issues affecting the agriculture sector. (Source: PTI)

After releasing its Lok Sabha election manifesto today, Congress said it will reverse the unwarranted and illegal interference by the BJP government into the functioning of the Reserve Bank of India (RBI). It also said the party will respect the autonomy of the RBI in matters reserved to the RBI under the Reserve Bank of India Act, 1939, including the formulation of monetary policy.

On the party's showpiece minimum income guarantee scheme or Nyuntam Aay Yojana (NYAY), the party's manifesto promised to give Rs 72,000 per year to the poorest 20 per cent households in India. To the youth of India, Congress pledged to make jobs its top priority, saying it will ensure 34 lakh jobs in the public sector by filling all 4 lakh central government vacancies before March 2020. (Source: PTI)

Congress promises to augment the total length of national highways and increase the pace of construction. The focus will be on improved design and quality, maintenance and accountability. It will also aim to massively modernise all outdated railway infrastructure. New projects will be implemented in accordance with the best international standards of design and quality. (Source: PTI)

Congress said it will enact the Direct Taxes Code in the first year of our government. It will usher in an era of simplicity, transparency, tax equity, easy compliance and impartial administration. On GST tax, the Congress said it will radically simplify the GST regime with a single moderate rate of tax, zero rating of exports, and exemption for essential goods and services. It also promised panchayats and municipalities a share of GST revenues. (Source: PTI)

In order to fill the gaps in sector-specific schemes as well correct any unintended bias, we will empower Panchayats and Municipalities to design and execute infrastructure projects. Congress promises to establish a non-lapsable Rural Infrastructure Fund that will provde loans and grants to specific infrastructure projects undertaken by Panchayats and Municipalities. (Source: PTI)

The Congress manifesto says they will encourage and support micro and small enterprises that collectivise unorganised sector workers including waste pickers and scrap collectors. Congress will ensure that notified minimum wages are paid to workers in the unorganised sector. Congress will ratify ILO Convention 87 (Freedom of Association) and ILO Convention 98 (Right to Organise and Collective Bargaining). (Source: PTI)

Congress said it promises to increase the share of India’s manufacturing sector from the current level of 16 per cent of GDP to 25 per cent within a period of 5 years and to make India a manufacturing hub for the world. Congress believes that anything that can be made in another country can be made in India. It also said that it will adopt policies, formulate rules, levy taxes and reward entrepreneurship that will make India a renowned centre of manufacturing. (Source: PTI)

As per the manifesto, the party promises to formulate a comprehensive policy on Urbanisation after wide consultation. We will address the issues concerning towns and cities including city governance, livelihoods, housing, habitat, pollution, climate change, urban transport and disaster management. It will support State Governments to build new towns and cities as well as satellite towns. (Source: PTI)

In its manifesto, the party said "Fiscal stability is the starting point. Congress promises to reverse the BJP Government’s fiddling with the target of fiscal deficit." It further said "to achieve the target of 3 per cent of GDP by 2020-21 and remain under that limit". The revenue deficit will be contained, as far as possible, under 1 per cent of GDP. Off-Budget and extra-Budget borrowings will be faithfully reported with the justification for such debt and the means of servicing and repaying such debt. (Express Photo: Neeraj Priyadarshi)

For the banking sector, Congress said it will facilitate a comprehensive review of the concept, role and functions of Public Sector Banks (PSBs) in order to make PSBs robust and competitive with healthy balance sheets. Congress will amalgamate 2 or more PSBs so that there will be only 6-8 PSBs with a national presence and reach. Each of the amalgamated PSBs will be adequately capitalised. (Express Photo: Neeraj Priyadarshi)

For investment in science and technology, Congress said it will work with industry to increase the expenditure on science and technology to 2 per cent of GDP. It promised to allocate sufficient funds to promote science, technology and innovation. Besides, the party also promised to recruit more scientists to the various institutes of research and development and to fill all current vacancies in the posts of researchers and scientists within 12 months. (Express photo: Neeraj Priyadarshi)

The party said it will appoint an independent panel of eminent economists, social scientists and statisticians to oversee the design, testing, roll-out and implementation of the programme. The programme will move from one stage to the other only after a ‘go ahead’ from the panel. Congress intends to implement NYAY as a joint scheme of the Central and State Governments. The scheme will be funded through new revenues and rationalisation of expenditure. Current merit subsidy schemes that are intended to achieve specific objectives will be continued. (Express Photo: Neeraj Priyadarshi)