The UBI will cost close to Rs. 7,000 crore
While there is little idea on who the beneficiaries of the project will be or what will be the threshold levels, the government seems committed to change its fiscal equation.
In the economic survey of 2016-17, the government had revealed plans of UBI for the bottom 75% of the country.The scheme would mean an additional burden of around Rs. 7000 crore on Centre.The survey which advocated for UBI underlined that in comparison to other welfare schemes, UBI is better.While other schemes are poorly targeted, depositing money through UBI into bank accounts […]
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