The most read stories this week - Sikkim launches the world's largest basic income experiment, The Indian-ness of Kamala Harris, How finance ministers hide billions & more...

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India Is About to Launch The Largest Basic Income Experiment in History High in the Himalayas, Sikkim is one of the tiniest states in India. But it is about to embark on an experiment of global interest. Sikkim's ruling party has announced an ambitious plan to implement a universal basic income for every one of its 610,577 citizens. If successful, the scheme would represent the largest trial run anywhere in the world of a concept that supporters such as Facebook's Mark Zuckerberg say could provide a safety net, help alleviate poverty and address the challenge of job automation. Continued here Read the weekly Trending TradeBriefs newsletter to follow what CXOs in India are reading! Advertisers of the day Columbia Business School: A Fintech, Digital & Analytics program for Leaders in Financial Services Purvanchal Projects Pvt Ltd: (Noida) Book Ready to Move in 3 BHK + Flats at Purvanchal Royal City Today Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. The Indian-ness of Kamala Harris, the 'Female Barack Obama' Set to Contest the Next US Elections Harris, in many of her interviews, has credited her Indian-American mother Shyamala Gopalan Harris for instilling in her the sense of responsibility that motivated her political career. When Harris announced that she plans to run for the President of the United States of America in 2020, most of the headlines identified her as 'African-American'. The Indian bit didn't make it to many newspapers. But she may, in fact, be more Indian than many may imagine. Kamla Harris loves idlis. And, sambhar. Continued here Here's how India's finance ministers hide billions of unplanned expenses Fiscal deficit is the amount by which India's government expenses exceed the receipts. Higher the deficit, the government borrows that much more to meet its expenses. As in any household, even the government is expected to spend wisely and keep its debt in check. However, successive governments in India have doled out far more than they should have. An annual target for fiscal deficit is spelt out and exceeded every time. And even the final number hides a lot more than it reveals. Continued here Get the most popular stories of the week here

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