The Economic Survey 2016-17 to be presented on January 31 is expected to assess the costs and benefits of launching a Universal Basic Income (UBI) scheme that seeks to provide a minimum income to citizens. While a pure UBI advocates the government guaranteeing a minimum income level for all citizens, irrespective of their income, India, if it were to go ahead with a scheme on these lines, is more likely to tweak the broader concept to target people facing abject poverty.
The Survey will seek to initiate the debate around this, even though it is unlikely that the budget for […]
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