Fortune India spoke to Abhijit Banerjee, professor, Department of Economics, MIT and co-founder of the Abdul Latif Jameel Poverty Action Lab to understand the benefits and challenges of UBI in India.
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Universal Basic Income (UBI) has outgrown scholarly debates and is being actively discussed by policymakers worldwide; it was even mentioned in India’s Economic Survey last year. At a press conference after the release of this year’s survey, chief economic advisor Arvind Subramanian went further to say that at least one or two states will implement UBI over the next two years.To understand the benefits, challenges, and […]
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