"The cost of this programme (UBI) is so huge that it cannot be an add-on to the existing programmes (welfare schemes) as the government cannot afford it and the government’s finances will go bust," Subramanian said. People will make a hue and cry if something given to them is withdrawn, Mr Subramanian said. Ahmedabad: Chief Economic Advisor Arvind Subramanian today said Universal Basic Income (UBI), as proposed in the recent Economic Survey, can be put in place only after withdrawal of the existing welfare projects.
"The cost of this programme (UBI) is so huge that it cannot be an add-on […]
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