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Finance Ministry debating bad bank: Arun Jaitley

Finance Ministry debating bad bank: Arun Jaitley

Monday, June 12, 2017, 9:03 AM

Finance Minister Arun Jaitley on Sunday said the Finance Ministry is debating the two innovative suggestions made by the latest Economic Survey Universal Basic Income and creation of 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”.
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