FM Nirmala Sitaraman flags 'gigantic schemes of fiscal splurge' pledged by Congress

The Congress has promised to launch a Mahalakshmi Scheme to provide Rs 1 lakh per year to every poor Indian family as unconditional cash transfer, and write off student loans, if voted to power. It also wants to guarantee a national minimum wage of ₹400 per day, among a host of other populist pledges.