DMK promise of ₹1,000 aid for women marks new high in populist economics

DMK promise of ₹1,000 aid for women marks new high in populist economics

Commentators compare Stalin’s announcement with the universal basic income, the experimental concept that came into vogue after the 2008 global economic crash Tamil Nadu has a political history of competitive welfarism. Stalin’s latest announcement adds a new chapter to that history | Representative Photo: PTI (File) The DMK’s promise of monthly assistance of ₹1,000 to all ration-card holding women has set off an interesting and acrimonious debate on an entirely nascent social welfare concept – universal basic income (UBI).

Even for a state with a political history of competitive welfarism, the announcement by the DMK leader MK Stalin marks a […]

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