Union Budget 2017: ‘Universal basic income’ is an idea whose time has come

Union Budget 2017: ‘Universal basic income’ is an idea whose time has come

Indian Finance Minister, Arun Jaitley speaks during the annual Hindustan Times "Leadership Summit" conference in New Delhi on December 2, 2016. / AFP PHOTO / CHANDAN KHANNA New Delhi : The most important idea thrown up in the Economic Survey tabled by Finance Minister Arun Jaitley in the Lok Sabha on the opening day of Parliament’s budget session on Tuesday is the revolutionary concept of the Universal Basic Income (UBI) to put a fixed amount of money in the hands of every poor, withdrawing all 950 and odd social welfare schemes.

The idea never tried ever anywhere in the world […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.