Aristotle, the Greek Philosopher, famously said that “Poverty is the parent of revolution and crime”. He along with Socrates and Plato had done much of the groundwork for philosophy in those times and today we find that much of our ills in society are because of poverty.
It is at such a time that the concept of Universal Basic Income (UBI) has attracted attention of policy makers, analysts and the common people alike. The Economic Survey released prior to the 2017-18 Budget too debates this alternative to welfare schemes meant for citizens of India.
No one will dispute the need for […]
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