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Neither the ruling NDA nor the Congress has proposed a truly universal scheme for farmers.
Getty ImagesPromise of a minimum income guarantee to the poor has revived discussions over providing Indians with Universal Basic Income.
Income support for farmers announced in the Interim Budget and opposition Congress’ promise of a minimum income guarantee to the poor if voted to power has revived discussions over providing Indians with Universal Basic Income. Since neither the ruling NDA nor the Congress has proposed a truly universal scheme, who will be the beneficiaries and how much will it cost the exchequer?
(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)
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