New Delhi: The Indian economy has weathered the impact of demonetisation and volatility caused by the US elections well, but high oil prices, trade tension, resurgence of protectionism abd slowdon in exports are some of the serious challenges to the growth of economy, said the Chief Economic Advisor Arwind Subramanian in a press conference post the Economic Survey.
Speaking on the universal basic income scheme, he said that an unconditional and uniform cash transfer from the government targeted at poor is likely to cost around 5 percent of GDP.
Subramanian said that the scheme has already been tested as a pilot […]
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