if govt ask to you that if you agree at 10000rs per month than they remove powerty from india.would you agree?

Answer 1

Please clarify your question. Do you mean a guaranteed minimum income to all citizens, or households? Do you intend to cap income to that level? 10,000 rupees is roughly equivalent to USD220.

Or do you intend a different question?

If you guarantee a minimum income above the current level, then you will not only experience inflation, you will also find that some will take advantage of individuals new wealth, and find a way to remove it from them.

If you mean to cap income to a certain level, then you will promote dishonest bookkeeping among the high earners, and reduce their incentive to produce.

From past experience, we learn of a great many moral hazards to both guaranteeing minimum income and capping maximum income. Which moral hazards would manifest in India at a minimum guarantee I really do not know. I know a little about India's economy, and even less about cultural mores, and do not have enough information to answer.

I guarantee you that a minimum household income guarantee of the equivalent of USD220 in India would definitely create massive inflation, and soon it would make take hundreds of rupees to equal USD1. So then the purchasing power would revert, in a process similar to regression to the norm. A huge black market and gray market transferences would both emerge.

So, no, neither income guarantees nor income caps work.
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Edited to reflect approximate exchange rate I had inputted earlier.

Answer 2

At any fixed amount, they will INCREASE poverty. If anyone could eliminate poverty, they would have proven it centuries ago.

Answer 3

ah.....NO! and don't ask my government for it either!

Answer 4

no

Answer 5

no.