Such a scheme will be fiscally prudent only when spending is reduced on things such as health, education and irrigation
Rathin Roy , a member of the Prime Minister’s Economic Advisory Council, and Director, National Institute of Public Finance and Policy, says inflation targeting is not a technocratic exercise. Rather, it should be a political decision. Edited excerpts from a conversation with The Hindu: The Congress party has promised Universal Basic Income (UBI) if they come to power? What are your views on such a scheme?
India is not a developed economy. So, when someone proposes a UBI […]
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