There is a belief that Universal Basic Income will encourage wasteful expenditure, but a study shows otherwise. Finance officials said a pilot project done in Madhya Pradesh and Delhi on UBI in 2011 proved such arguments wrong. Hyderabad: A day before the Union Budget is presented in Parliament on February 1, the state government is betting big on the possible rollout of Universal Basic Income scheme for those people living below the poverty line through a direct cash transfer scheme in the place of existing welfare schemes.
The TS government is keen to bring all its welfare schemes under the […]
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