Chand bats for universal basic income scheme (The Financial Express)
- Impact Area
The Financial Express (India) reports about the recommendations regarding the Universal Basic Income (UBI) scheme recommended by a Niti Aayog member Ramesh Chand. According to Chand, the government should convert the PM-KISAN program into a UBI scheme that includes other weaker sections such as farm laborers, construction workers and non-farm laborers. Other subsidies could be subsumed with UBI later stage, he added.
According to an impact assessment by the International Food Policy Research Institute, PM-KISAN greatly addressed the liquidity constraints of farmers for buying agricultural inputs, daily consumption, education, health and other incidental expenses.
Republished by MSN India