NEW DELHI: Finance Minister Arun Jaitley today hoped that the Universal Basic Income (UBI) scheme mooted by the Economic Survey will be implemented over the next one year in some parts of the country at least on experimental basis. The Economic Survey, authored by Chief Economic Advisor Arvind Subramanian, had suggested that the Centre may come out with UBI scheme under which the government should provide a minimum cash amount to poor people to meet their basic needs.
Speaking at a function to release the book ‘India 2047 Voices of the Young’, Jaitley said under the proposed system UBI […]
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