The Economic Advisory Council to the prime minister has rightly recommended a raise in the meagre amount.
Implementing Universal Basic Income will cost India 14% of its GDP. Distress doles are a better bet. Focus on state-paid healthcare is a must
The stress on the public exchequer can be partially mitigated by merging all other income assistance programmes with it
On the economy front, Chief Minister Mamata Banerjee made mega promises too
There is a possibility of a decision on interest rates for the FY20-21 following the CBT meeting on March 4