CEA is in a State of Denial 1 India’s Chief Economic Advisor (CEA) Anantha Nageswaran’s assertion last a few days back as reported by newspapers, that the concept of Universal Basic Income (UBI) was not necessary for India and ‘it may create ground for “perverse incentives” and dissuade people from seeking income-generating opportunities’ is wrong and far from reality in many ways.
The platform from where this was said is of significance. He was speaking at an interaction organised by the Confederation of Indian Industry (CII), a body which seeks financial incentives from the government before every Union Budget. Calling […]
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