Universal Basic Income only after withdrawal of existing schemes: Arvind Subramanian
Chief economic advisor says cost of programme is so huge it cannot be an add-on to existing programmes as government can't afford it and that its finances will go bust
Ahmedabad: Chief economic advisor Arvind Subramanian said on Friday that the Universal Basic Income (UBI) advocated by the Economic Survey can be put in place only after the withdrawal of existing welfare schemes.
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