Pros and Cons of UBI are : Pros : 1. A trampoline for all as opposed to a safety net for some. That is, if children are eligible, . Pros and cons. g. , justice, equity, agency, efficiency) and potential cons (e. This year, the Economic Survey has focused on the concept of universal basic income. The case for replacing the current welfare system with a guaranteed national income is intriguing. How would it work? What effects would it have? Arvind Subramanian—lead author of the Survey, chief economic adviser to the Reality check: a replacement universal basic income is […]
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