UBI can work only if welfare schemes are phased out: CEA
The radical idea of giving free money under a universal basic income plan to reduce poverty can work in India only if the plethora of welfare schemes are phased out, Chief Economic Adviser Arvind Subramanian has said.
Apr 19, 2017, 16:10 PM IST
Universal Basic Income only after withdrawal of present schemes: Chief Economic Advisor
Chief Economic Advisor Arvind Subramanian, on Saturday said Universal Basic Income (UBI), as proposed in the recent Economic Survey, can be put in place only after withdrawal of the existing welfare projects.
Feb 25, 2017, 10:36 AM ISTUBI only after withdrawal of present schemes: Subramanian
Chief Economic Advisor Arvind Subramanian on Friday said Universal Basic Income (UBI), as proposed in the recent Economic Survey, can be put in place only after withdrawal of the existing welfare projects.
Feb 24, 2017, 21:48 PM ISTUniversal Basic Income should have a cut off income, says Kaushik Basu
The Universal Basic Income (UBI) scheme should have a cut off income and people should be encouraged to give it up voluntarily, former World Bank Chief Economist Kaushik Basu has said.
Feb 10, 2017, 14:55 PM ISTEconomic Survey 2017 moots Universal Basic Income for India's poor
Even as the Niti Aayog has said that India does not have the necessary financial resources for the project, the government`s Economic Survey 2016-17 presented on Tuesday advocated a Universal Basic Income (UBI) scheme as an alternative poverty reduction mechanism in place of various ongoing social welfare programmes.
Jan 31, 2017, 17:11 PM IST