India’s welfare budget, 2016-17 The Indian government has no immediate plans or proposals to institute a scheme of ‘unversal basic income’ in place of the myriad social welfare scheme run by the country at present, the finance ministry said in response to a query.
The clarification that there is ‘no proposal for a universal basic income scheme’ comes in the wake of a similar idea floated by this year’s Economic Survey of India, the annual pre-budget document released by the same ministry documenting the condition of the economy.
“The universal basic income (scheme) must be embraced in a deliberate, phased manner […]
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