Far from the UBI schemes proposed in advanced economies, in India it’s a question of whether the Centre can juggle its finances and find a better way of delivering welfare.
Niti Aayog chief Amitabh Kant. Credit: PTI The idea of offering a universal basic income (UBI) scheme to all of India’s poor citizens was formally articulated by the head of Niti Aayog over the weekend in Davos, where the world business and political elite met to drum up some optimism in an otherwise declining global economy. Amitabh Kant, CEO of Niti Aayog, told CNBC TV18 that providing UBI is […]
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