We need universal basic income as jobs shrink

We need universal basic income as jobs shrink

The Modi government’s scheme is for farmers who have less than 2 hectares (meaning about 5 acres) Prime Minister Narendra Modi (Photo: AP) The government’s announcement of a scheme to give small farmers Rs 6,000 cash per year is seen as a brilliant move that will reap political benefit in May. The scheme, announced in the budget, comes after two other developments. First, a report that the government has suppressed which says that unemployment is at its highest in more than 45 years. Second, that the Congress president Rahul Gandhi is talking of a minimum income guarantee.

The scheme for […]

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