Growth will take care of aspirations: Anantha Nageswaran CHIEF Economic Advisor V Anantha Nageswaran Friday said the concept of Universal Basic Income (UBI) was not necessary for India since natural economic growth would take care of the country’s many aspirations.
At an interaction organised by the Confederation of Indian Industry, he ruled out a UBI scheme and said it may create ground for “perverse incentives” and dissuade people from seeking income-generating opportunities.
“For our country, when natural economic growth should take care of many of the aspirations, it ( universal basic income ) may not be necessary. We may be creating […]
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