The impact of inequality is multi-dimensional and chokes economic, political and social development, the intensity depending on the depth of inequality. The least privileged and highly disadvantaged are denied the fruits of development. Inequality also deprives the citizens the safety net they need to participate whole heartedly in the economy. Crux Management Services President Dr Vikas Singh who is known for his advocacy of inclusive growth and development tells Y V Phani Raj why India should think about Universal Basic Income (UBI). Why is equitable-growth important?
An increase in the income of the rich does nothing to the […]
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