Basic income to women will change economic landscape: Assocham

Basic income to women will change economic landscape: Assocham

IANS New Delhi, March 8 (IANS) Implementation of a Universal Basic Income (UBI) exclusively for women can bring about significant transformation in the country’s socio-economic landscape, an apex industry lobby said on Wednesday.

"While India may not be ready for an all-encompassing UBI, given the country’s scale of development where the difference between the rich and poor remains quite wide and it may not be an equitable thing to extend similar benefits across all strata of the economic paradigm, the women-only UBI can be considered favourably," Assocham said in a statement.

"If women in the households have money in their accounts, […]

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