Rathin Roy, director at the National Institute of Public Finance and Policy NEW DELHI: After Congress president Rahul Gandhi proposed the quasi-universal basic income scheme, Nyuntam Aay Yojana, or NYAY, debate has intensified about the feasibility of the proposal in the Indian context. In an interview, Rathin Roy, director at the National Institute of Public Finance and Policy, said the exchequer is unlikely to absorb the shock from such a scheme. Edited excerpts:
You recently said in your column published in Business Standard that the Indian state is transitioning from a development state to a compensatory state. What exactly […]
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