The idea of Universal Basic Income (UBI) was discussed at length in the Economic Survey of 2016-17 but the debate over it is only now heating up with the general elections approaching.
Looking at its cost and logistics challenges, most economists believe the government should look at a targeted basic income rather than a universal basic income.
They also said in whatever form it is taken, it should be done through rationalisation of existing ineffective state and central social security and anti-poverty programmes.Martin Wolf, associate editor, chief economic commentator of Financial Times, told DNA Money over the phone from UK the […]
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