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Universal Basic Income not needed, may create perverse incentives: CEA Nageswaran
short by Hiral Goyal / on Saturday, 10 June, 2023
Chief Economic Advisor (CEA) V Anantha Nageswaran dismissed the idea of Universal Social Security or Universal Basic Income for India and said the natural economic growth will take care of the country's aspirations. "We may be creating the ground for perverse incentives for people to not make their own effort in seeking [income-generating] opportunities," he explained.
read more at Hindustan Times