Finance Ministry Debating Bad Bank, Universal Basic Income Proposals

New Delhi: Finance Minister Arun Jaitley on Sunday said his ministry is debating the two innovative  suggestions made by the latest Economic Survey - Universal Basic Income (UBI) and creation of a 'bad bank' - to deal with the unacceptable levels of bad loans. He, however, said the idea of UBI does not seem to be a feasible policy option at this point of time given the "political limitations". While inaugurating a one-week teachers' ...