India says it’s time to seriously consider universal basic income

India says it’s time to seriously consider universal basic income

Refugees in India receive cash assistance (Credit: European Commission / Flickr) In a world of rising inequality and automation, the idea of a universal basic income is gaining momentum, from the most developed countries to some of the poorest. Finland made headlines when it launched a trial at the start of the year, and France’s left-wing presidential contender Benoît Hamon included it in his platform. Now, India’s chief economic adviser says it’s time for “serious public deliberation.”

“[Ghandi] would have been conflicted by the idea but, on balance, might have endorsed it,” Chief Economic Adviser Arvind Subramanian wrote in the […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.