New Delhi, Mar 8 () On the International Women ‘s Day, industry body Assocham advocated for introduction of universal basic income for women, saying it can lead to a significant transformation in India’s socio-economic landscape.
The chamber drew the idea from the Economic Survey 2016-17, which had said: "A UBI for women can not only reduce the fiscal cost of providing a UBI (to about half) but have large multiplier effects on the household.
"Giving money to women also improves the bargaining power of women within households and reduces concerns of money being splurged on conspicuous goods," it said."While India may […]
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