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It's Congress 1 - BJP nil! By promising minimum income guarantee scheme to India's poor, Rahul Gandhi has surely thrown the gauntlet at Modi's farm outreach schemes aimed at wooing the rural poor. Falling back on the tried & tested slogan of 'Garibi Hatao', the Congress president is in no mood to give Modi a square inch in the battle to woo India's poor. While populism seems to triumph good economics, what is worrying is that the scheme would cost the exchequer a whopping Rs 3.2 lakh crore if it has to guarantee India's 27 crore Below Poverty level population Rs 1,000 per month. The fiscal target, which the Modi govt has breached thrice in a row, would be the end casualty per se but bigger questions on how govt is going to fund the scheme, if it opts for it, without cutting a corner on capital expenditure is another big reason for worry along with inflationary pressures. RaGa's basic income guarantee pitch & what it means for this year's budget & the economy at large, that's what Supriya Shrinate is discussing on this India Development Debate. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com