In the absence of working and effective infrastructure, cash transfers cannot ensure that the poor and those most at risk will get the quality of life they deserve.
Problems have cropped up in conceptualising Universal Basic Income. Credit: Reuters/Rupak De Chowdhuri/Files Even as the demonetisation exercise peters out, another concept has been seeded – that of giving a basic income to all Indians. This was mentioned both by the finance minister in his Budget speech and the chief economic adviser in the Economic Survey . The idea is irrefutable – a minimum salary, paid by the government, would allow […]
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