Image credit: REUTERS/Danish Siddiqui Over the last week, newspapers have reported that the Prime Minister Narendra Modi-led government could lay the foundations for a universal basic income in India this year. As early as October 2016, Chief Economic Advisor Arvind Subramanian confirmed that the idea of offering a regular payment from the state to all citizens regardless of their employment status would make its way to the Economic Survey, which is tabled in Parliament ahead of the Budget.
“You are really on the ball here,” Subramanian said when asked about a basic income in September at a conference in Odisha. […]
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