Congress promises to impose 5 per cent cess on one per cent richest Indians


New Delhi, Mar 18 (IANS): The Congress on Saturday said it would impose a five per cent cess on the incomes of the top one per cent richest Indians, when it comes to power.

The resolution on "Agriculture, Employment and Poverty Alleviation", adopted at the party's 84th plenary here, also said that the party shall create a National Poverty Alleviation Fund while this 5 per cent cess would "be used directly to give education scholarships to the children from Scheduled Castes, Scheduled Tribes, and other BPL families".

The Congress also noted that the rising levels of income inequality is a direct result of the "anti-poor policies" of the Narendra Modi government.

"The BJP had promised 'Sabka Saath, Sabka Vikas', but has acted contrary to their slogan. The wealth of the richest one percent has gone up by 73 per cent while the wealth of the bottom half of the population has grown by just 1 per cent during the BJP regime," it added.

The party said Aadhaar would be used to improve targeting the eligible beneficiaries under the National Social Assistance Programme (NSAP) and other welfare schemes.

Attacking BJP's "flawed and deliberate" anti-farmer policies, it said: "The farmers today face mounting indebtedness, non-remunerative prices for their crops, increasing cost of production and declining agricultural credit, forcing many farmers to commit suicide."

"The anti-farmer mindset of the BJP stands exposed as agricultural growth under the NDA II (2014-18) as well as during NDA I (1998-2004), has fallen to half of growth levels achieved during the UPA government headed by former Prime Minister Monmohan Singh," said the resolution.

The party said BJP government is duping the farmers by making empty noises of doubling farm incomes by 2022.

Congress also resolved to bring in a farmer-centric paradigm shift in the Indian agriculture and restore profitability, taking a humanitarian and compassionate approach to enhance farmers' incomes, ensuring them dignity, a good education to their children, healthcare to their families and financial and social security through pensions to farmers and farm workers.

"We would bring a loan waiver scheme for all small and marginal farmers in the country on the pattern of the farm loan waiver program of the UPA govt in 2009 benefitting 3.2 crore farmers."

The party also resolved to review the methodology used by the Commission for Agricultural Costs and Prices to determine the MSP to guarantee remunerative income to the farmers, factoring all relevant input costs including warehousing and transportation.

It said that it would review The Pradhan Mantri Fasal Bima Yojna and will draft a new insurance scheme which is beneficial to farmers rather than private insurance companies.

"Congress plans to have a network of food-parks/ special agricultural zones. The issue of GST on agricultural equipment and other inputs would be re-examined to lower input costs for the farmer," it added.

It also said the party would renew its focus on manpower intensive manufacturing for domestic and export sectors, making India the destination of choice for international manufacturing.

The resolution also said the party would facilitate the setting up of IT Skill Upgradation Fund.

 

  

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Comment on this article

  • Dinesh, Dubai

    Sun, Mar 18 2018

    same party once given report who ever earning RS50 they are not poor...

    DisAgree Agree Reply Report Abuse

  • Shammi, Karnataka

    Sun, Mar 18 2018

    Yes ,this is what We were waiting.We need separate taxes for top 10richest Indian business person.

    That tax money should be flowed to poors.This is how a country should work.Like parts of human body ,blood keepd flowing everypart of body.Same way money shouldn't be concentrated to only certain people ,it shoukd flow to all class people.That will be good for India.

    NDA has completely broken India's stability.We need Former PM to look back in to Indian economy

    DisAgree [2] Agree [6] Reply Report Abuse

  • flavian dsouza, BENGALURU

    Sun, Mar 18 2018

    Its high time we charge the rich and more then rich the real tax eavders shoul be punished .
    I know many businesses like hotels making crores and not paying any taxes .....rich you can charge anyone with an income of 50 crores - make it 40% cess or they should show investment proofs which create employment .

    DisAgree [3] Agree [10] Reply Report Abuse

  • Vincent Rodrigues, Bengaluru/Katapadi

    Sun, Mar 18 2018

    We need to have this kind of taxes by hammering the rich and give it to the poor

    DisAgree [4] Agree [10] Reply Report Abuse

  • D.Shetty, Mangalore

    Sun, Mar 18 2018

    When in power did nothing but looted common man and now talking nonsense ..first ask your ex cabinet members to pay tax on what they earned over years of ill rule..
    and 1% Cess u talk when you ask for election fund from biggies

    DisAgree [12] Agree [9] Reply Report Abuse

  • KRPrabhu, Mangalore/Bangalore

    Sun, Mar 18 2018

    ಆದರೆ ಹೋದರೆ ಅಜ್ಜಿಗೆ ಒಂದು ಪಟ್ಟೆ ಸೀರೆ...😀

    DisAgree [13] Agree [12] Reply Report Abuse

  • Amith, USA

    Sun, Mar 18 2018

    ಭಾರತದ ಸರ್ವನಾಶ ಆದರೂ ಚಡ್ಡಿಗಳು ತನ್ನ ಚಡ್ಡಿ ಇತಿಹಾಸ ವನ್ನು ಬಿಟ್ಟು ಭಾರತದ ಏಳಿಗೆ ಕಡೆ ಗಮನ ಹರಿಸಲಕ್ಕಿಲ್ಲ

    DisAgree [5] Agree [12] Reply Report Abuse

  • Declan, Mumbai

    Sun, Mar 18 2018

    To come to power you need special EVMs and willingness to cheat, communalize, fool, lie etc. etc.

    DisAgree [5] Agree [16] Reply Report Abuse

  • sri_elder, Karkala

    Sun, Mar 18 2018

    To come to power you need to win atleast 283 Loksabha seats...

    DisAgree [23] Agree [4] Reply Report Abuse

  • Declan, Mumbai

    Sun, Mar 18 2018

    When UPA/Congress return to power Ambanis, Adanis could again go below the poverty line.

    DisAgree [7] Agree [16] Reply Report Abuse

  • Sharat, Mangalore

    Sun, Mar 18 2018

    Declan, Mumbai
    Joke of the Day....

    DisAgree [1] Agree Reply Report Abuse

  • SAM, mangalore

    Sun, Mar 18 2018

    Even if congress walks the talk or not, The schemes that they talk about definitely sounds like it comes from an educated and knowledgeable lot.
    For the current government mostly the talks are all about cows, Temples, mosques, Statues, hatred.
    None of the schemes have made any happy Impact on the people-(GST, demonetisation, CESS every now and then, building statues worth crores)
    Thats not what a modern man talks about.

    DisAgree [4] Agree [33] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Sun, Mar 18 2018

    BJP did the Opposite ...

    DisAgree [5] Agree [33] Reply Report Abuse


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