Economic Survey 2017 pitches for implementation of UBI to provide basic income for all

Economic Survey 2017 pitches for implementation of UBI to provide basic income for all

New Delhi: Invoking Mahatma Gandhi’s vision of "wiping every tear from every eye", the Economic Survey Tuesday made a strong pitch for implementing Universal Basic Income (UBI) that stipulates a certain income for the poor.

"UBI is a powerful idea whose time, even if not ripe for implementation, is ripe for serious discussion," said the Economic Survey for 2016-17, which was tabled in Parliament by Finance Minister Arun Jaitley.

Stating that the Mahatma would have anxiety about UBI as being just another add-on government programme, but on balance may have given the go-ahead, the Survey pointed out that the two pre-requisites […]

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