Economic Survey: Universal Basic Income (UBI) Scheme an alternative to plethora of State subsidies for poverty alleviation; JAM and Center State cost sharing prerequisite for a successful UBI https://www.taxtmi.com/news?id=17347 Universal Basic Income (UBI) is proposed as an alternative cash-transfer mechanism to replace multiple state subsidies, relying on universality, unconditionality and agency. Successful implementation requires a functional JAM platform for direct transfers and negotiated Centre-State cost-sharing to allocate fiscal responsibility; absent these, UBI risks becoming an unaffordable add-on rather than a replacement. en-us Tue, 31 Jan 2017 13:13:12 +0530 Tue, 31 Jan 2017 13:13:12 +0530 TaxTMI RSS Generator Economic Survey: Universal Basic Income (UBI) Scheme an alternative to plethora of State subsidies for poverty alleviation; JAM and Center State cost sharing prerequisite for a successful UBI https://www.taxtmi.com/news?id=17347 Universal Basic Income (UBI) is proposed as an alternative cash-transfer mechanism to replace multiple state subsidies, relying on universality, unconditionality and agency. Successful implementation requires a functional JAM platform for direct transfers and negotiated Centre-State cost-sharing to allocate fiscal responsibility; absent these, UBI risks becoming an unaffordable add-on rather than a replacement. News - Tue, 31 Jan 2017 13:13:12 +0530 https://www.taxtmi.com/news?id=17347