The rock-star days are back for Chief Economic Advisor Arvind Subramanian, who had maintained a studied silence ever since India scored an economic self-goal over his head on 8 November 2016. His ambitious Economic Survey , released on Tuesday, includes a much-awaited presentation of the Finance Ministry’s thinking on Universal Basic Income (UBI). Contrary to some media reports, the Survey does not advocate a specific plan for UBI in India. Rather, it explains the idea, explores various options, and concludes that UBI "if not ripe for implementation is ripe for serious discussion". But there is certainly a tone of […]
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