Motilal Oswal
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Motilal Oswal
Agriculture

Centre may implement universal basic income to address farmers' woes

Updated : January 04, 2019 06:48 AM IST

Chief economic advisor (CEA) Arvind Subramanian in the Economic Survey 2016-17 had mooted the idea of universal basic income or a uniform stipend paid to every adult and child, poor or rich.
UBI will guarantee all citizens enough income to cover their basic needs and would be easier to administer than the current anti-poverty schemes, which are plagued by waste, corruption and abuse.
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