On Monday, Congress President Rahul Gandhi had announced that the party would introduce Minimum Income Guarantee for every poor person if voted to power. (PTI) Just days ahead of the budget, former Chief Economic Advisor Arvind Subramanian said that the Central government and the states should launch the basic income scheme to tackle the ongoing farm crisis. However, the funds for the scheme should not be extracted out of the RBI reserves but through replacement of existing farm and fertiliser subsidies, he also said in a research article.
Terming the scheme as quasi universal basic rural scheme or QUBRI, Subramanian, […]
Full Post at www.financialexpress.com