Free Money May Be Handed Out in India Within Two Years, As Part of Universal Basic Income Experiment

Free Money May Be Handed Out in India Within Two Years, As Part of Universal Basic Income Experiment

Some states in India may implement a universal basic income—or “free money” as some like to call it—within the next couple of years.

Although talk of the idea has been circulating for awhile, Arvind Subramanian, Chief Economic Adviser to the Government of India, thinks it may become a reality by 2020.

“There has been a lot of discussion on universal basic income over the last year. The discussions are going on even at the present,” Subramanian said during a press conference, according to The Quint . “I can bet you that at least one or two states will implement it within […]

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