Arun Jaitley say s India cannot afford to offer both subsidies and UBI. Photo: Pradeep Gaur/Mint New Delhi: Indian politics currently lacks the maturity to give up subsidies for the greater goal of a universal basic income (UBI), finance minister Arun Jaitley said.
In an interview with DD News after presenting the Union budget for 2017-18, Jaitley said the country cannot afford to offer both subsidies and UBI. The Economic Survey presented in the Parliament on Tuesday had pitched the idea of a UBI.
“I think the Universal Basic Income is a wonderful idea. The Economic Survey is one of the […]
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