What do you get when you stir up a cocktail with 30 crore plus Jan Dhan accounts, Aadhaar linked bank accounts and the lingering carrot of Universal Basic Income? If it happens, an election year cracker.
As economists nitpick on the economy’s growth numbers – the new bling in Indian politics, the parallel undercurrent of direct income transfers as an idea whose time has come is undeniable. Stung by sharp criticism from within his own party, Finance Minister Jaitley who is currently in the US has been at pains to drum up the upside of the “speed” at which India’s […]
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