Conversations about implementing a universal basic income scheme have been ongoing among Indian officials for years. Now, it seems closer to fruition than ever before.
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 […]
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