Universal Basic Income (UBI) not feasible in India due to political limitations: Arun Jaitley

Universal Basic Income (UBI) not feasible in India due to political limitations: Arun Jaitley

Finance Minister Arun Jaitley (File Photo) New Delhi, June 12: The debate on a Universal Basic Income (UBI) has been temporarily put off by Finance Minister Arun Jaitley who has deemed the policy as unfeasible under the current climate in the country. The idea of UIB was put forth, along with that of a bad bank, in the 2017 Economic Survey released in February.

Jaitley made the comments while inaugurating a one-week teachers’ workshop on Indian economy at the Indian Institute of Technology in Delhi. Among the key reasons given by the finance minister against […]

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