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Congress promises 5% cess on richest 1% Indians, if voted to power

In his brief speech, Rahul Gandhi said the country was "fatigued" with the Modi government

Congress president Rahul Gandhi speaking  at 84th Plenary session of Indian National Congress in New Delhi
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Congress president Rahul Gandhi speaking at 84th Plenary session of Indian National Congress in New Delhi: BS Photo by Sanjay K Sharma

Archis Mohan
The Congress party on Saturday said its government at the Centre would set up a ‘national poverty alleviation fund’ and impose a 5 per cent cess on the incomes of the top 1 per cent richest Indians. It said it would increase average earnings as part of the rural employment guarantee scheme from the existing Rs 7,200 to Rs 18,000 per year, bring a farm loan waiver scheme, and give interest-free loans to sharecroppers, tenant farmers and farmers owning up to two hectares of land.

At the party’s 84th plenary session, Punjab Chief Minister Amarinder Singh presented a resolution on