Uday Kotak bats for gradual move to Universal Basic Income

Uday Kotak bats for gradual move to Universal Basic Income

share In this new post-COVID world, where job losses and salary cuts are becoming the order of the day, billionaire banker Uday Kotak has proposed the idea of a social security net for all Indians.

Kotak, the chief executive officer at Kotak Mahindra Bank and industry body CII’s new president, proposed the idea of Universal Basic Income in an interaction with CNBC-TV18’s Shereen Bhan.

"We need to move, for India in general, in the direction of social security. Its something Indian citizens will demand more and more in future, and this is a public policy debate which will now come to […]

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