Experts say that while announcing such a scheme is easier, the challenge is in getting the design of the scheme correct.

NPAs being written off and revenue being foregone every year for India's rich can easily fund Minimum Income Guarantee scheme

The idea of UBI is not new but in the past few years, it has resurfaced globally in a very big way as a means of redistributing income.

Jet Airways seeks shareholders' approval on capital boostJet Airways said it would seek shareholder approval to issue new equity and convert existing debt into equity among other things at a special meeting on Feb. 21, as the beleaguered airline attempts to stay afloat. The company will also seek approval to allow its lenders to nominate directors to its board, the airline said in a regulatory filing. Saddled with a debt of about 80.52 billion rupees ($1.14 billion) as of Sept. 30, Jet is des...

Rahul Gandhi's promise of universal basic income is seen as counter to the BJP's recent success in passing an amendment bill on 10 per cent reservation to the economically weaker sections from the upper castes.

Business confidence rises moderately in the run-up to general elections as corporate leaders expect status quo on microeconomic and macroeconomic indicators, finds the latest Business Today-C fore Business Confidence Survey.

On-farm loan waiver, Yokoyama said most of the people are sceptical about it as an economic principle and has moral hazards.

Former chief economic adviser Arvind Subramanian said that both demonetisation and implementation of GST have resulted in moderation of the economy

The lending environment is still challenging. The corporate are still to get into the expansion mode to borrow from banks.

The RBI's move to clean up bank balance sheets has made close to half a dozen banks nearly dysfunctional. There is little hope of their recovery in the near term.