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PM mulls universal basic income for farmers ahead of 2019 general elections

Updated : April 09, 2019 01:15 PM IST

Prime Minister Narendra Modi met key officials from Finance Ministry, Agriculture Ministry and the government's policy think-tank, NITI Aayog to discuss relief measures for farmers, sources told CNBC-TV18.

Following the December 26th meeting with NITI Aayog, Modi wanted to have a detailed discussion about farmer incentives and therefore, NITI Aayog, agriculture ministry and finance ministry are likely to meet again in the next fortnight to discuss various options to roll out income schemes for farmers, said the sources.

Modi has asked NITI Aayog, Agriculture Ministry and Finance Ministry to explore ways to implement the idea floated by erstwhile chief economic advisor, Arvind Subramanian – that is to have a universal basic income for farmers which can be implemented in phases.

The government is looking at ways to woo farmers ahead of the 2019 Lok Sabha elections.

 

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