Both the BJP’s universal basic income and the Congress’ income support plan have some merit
Whether the Congress president Rahul Gandhi has ‘stolen the thunder’ from the ruling party by promising a minimum income for all if voted to power, is a matter of conjecture. However, in principle, it is — like the idea of an ‘universal basic income’ mooted by former chief economic advisor Arvind Subramanian in Economic Survey 2016-17 — not without merit. It differs from the UBI by not being universal in nature; rather, it seems aimed at providing a minimum income to those below […]
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