Should not finance UBI via RBI resources, says Arvind Subramanian

CNBC-TV18 2019-01-30

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Just 3 months to go for the Lok Sabha Elections and politicians are going all out to attract the rural voters. Rahul Gandhi has promised a minimum income guarantee for the poor if voted to power. Many believe this is a pre-emptive strike as the government is also working on an income scheme of its own. Meanwhile former Chief Economic Adviser Arvind Subramanian has proposed an income support scheme.

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