The data from Peru and Indonesia show targeted schemes can meet welfare goals much more effectively compared with Universal Basic Income
3 min read30 Aug 2018People will stand up in Parliament and demand continuation of subsidies over and above Universal Basic Income which the budget cannot afford, says Arun Jaitley
2 min read12 Jun 2017Indian politics currently lacks the maturity to give up subsidies for the greater goal of a universal basic income, says Arun Jaitley in a post-budget interview
2 min read2 Feb 2017Finance minister Arun Jaitley disappointed some by not dismantling the subsidy regime but tried to provide 'immediate happiness for all' through income tax relief
4 min read29 Jul 2014Faced with reining in the subsidy regime, the govt appears to have put pragmatism over politics and UIDAI lives to see another day
4 min read21 Jul 2014The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared