Arvind Subramanian and Arun Jaitley have a many-mouthed country to feed with the national wealth. They must work out how to ensure that along with putting money in people’s pockets, food is also put in their mouths. | PTI Intelligent men make us think. Arvind Subramaniam has given us much food for thought with his ideas on Universal Basic Income.
In essence, he argues that instead of convoluted subsidies, freebies and handouts, it is far more efficient to just give poor people money in the form of guaranteed basic income — to the tune of anywhere between Rs.10,000 and Rs.15,000 […]
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