Finance minister Arun Jaitley on Thursday said he was pleasantly surprised by the interest shown by some states in the universal basic income, which the Economic Survey has proposed as an alternative to the existing regime of subsidies and welfare schemes.
Earlier, Jaitley had said while universal basic income was a good idea, it was somewhat futuristic and needed a mature political debate. “I think UBI is an idea worth considering. One of the chief ministers met me today and said he is willing to start a pilot project in his state to roll out universal basic income,” Jaitley said […]
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