The Narendra Modi government’s new flagship scheme PM Kisan, as well as the Congress’ NYAY scheme do not meet the criterion of being good, targeted universal basic income (UBI) schemes, former Chief Economic Advisor Arvind Subramanian has said.
In a series of tweets on Friday, Subramanian said schemes like NYAY (Nyuntam Aay Yojana), PM Kisan and Telangana government’s Rythu Bandhu are “problematic because they target a narrow beneficiary group”.
“I am strongly for quasi-universal schemes that ‘exclude out’ a few rather than ‘target in’ many. Despite progress, our experience with ‘targeting in’ has been poor. Schemes such as
In a series of tweets on Friday, Subramanian said schemes like NYAY (Nyuntam Aay Yojana), PM Kisan and Telangana government’s Rythu Bandhu are “problematic because they target a narrow beneficiary group”.
“I am strongly for quasi-universal schemes that ‘exclude out’ a few rather than ‘target in’ many. Despite progress, our experience with ‘targeting in’ has been poor. Schemes such as