Universal Basic Income plan won’t end govt’s responsibilities: CEA

Universal Basic Income plan won’t end govt’s responsibilities: CEA

Chief Economic Advisor Arvind Subramanian delivering the 15 th K P Hormis Commemorative Lecture in Kochi Chief Economic Advisor Arvind Subramanian says India can afford it only if a few of the existing welfare programmes are phased out

Kochi, March 14:

Chief Economic Advisor Arvind Subramanian sought to allay the fears on Universal Basic Income (UBI), saying the scheme will not replace the basic responsibilities of the government in extending healthcare facilities and education.“It is the responsibility of the government to provide the services in these sectors to its citizens. The UBI will be feasible only if it replaces some of […]

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