Image credit: Reuters- File photo Jammu and Kashmir Finance Minister Haseeb Drabu on Wednesday said citizens living below the poverty line would soon have access to a Universal Basic Income, which would prevent wastage of funds through a range of schemes. The proposal’s future, the minister said, depends on procedural clearances. He made the announcement while presenting the state’s Rs 80,000-crore budget for 2017-2018.
The Universal Basic Income programme involves the setting up of a social security fund to provide the “Universal Basic Income” to citizens in the below-the-poverty-line category via a direct beneficiary transfer system, The Greater Kashmir reported.
There […]
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