The Economic Survey to be presented in Parliament may feature a chapter on universal basic income this year. Chief Economic Adviser Arvind Subramanian has promised to float the idea to let the government think over it. Universal basic income is a form of social security where the State transfers a sum of money to poor citizens to supplement their income to reach a certain threshold.
In the Indian context, it may mean people below the poverty line. Recently Subramanian had said that his effort would be to add a new chapter in the Economic Survey of 2017. He had […]
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