The Chairman, Economic Advisory Council to the Prime Minister, EAC-PM, Dr. Bibek Debroy chairing the first meeting of Economic Advisory Council to the Prime Minister, at NITI Aayog, in New Delhi on October 11, 2017. The Member Secretary, Shri Ratan Wattal, the Members of EAC-PM, Dr. Surjit Bhalla, Dr. Rathin Roy and Dr. Ashima Goyal are also seen.
The Economic Advisory Council to the Prime Minister (EAC-PM) has recommended that the government implement a guaranteed employment programme for the unemployed in cities and implement a universal basic income (UBI) scheme to eliminate income gaps. Citing the country’s uneven income distribution, the report also advocated raising the minimum wage and increasing government investment on the social sector to make vulnerable groups more resilient to shocks and prevent them from falling into poverty.
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