Arvind Subramanian, Chief Economic Adviser to the Government of India, has issued a prediction that at least one or two of the country’s states will implement an Indian universal basic income within the next two years. Previously, the economist backed the idea in India’s Economic Survey for 2016-17. The concept of UBI has been gaining traction in India over the last few years . In July 2017, talks were held to determine whether such an initiative could be brought to fruition, but opinion is still divided. There are hopes that UBI could offer a way to support people who […]
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