Universal Basic Income may not be the best solution for Indian economy

Universal Basic Income may not be the best solution for Indian economy

Representational image of Indian rupee | Pixabay Automation is an act of promoting machinery and estimating technologies to reduce human intervention in production. It is already in use in many fields like IT automation, home automation, business process automation and there’re so many. It’s been achieved for several means including mechanical, hydraulic, electronic devices etc.

But there’s a disadvantage which can be a huge problem and will have a big societal impact—unemployment. Experts suggest a solution named Universal Basic Income (UBI) which can be a way to feed those unemployed. I think it won’t be that easy to implement in […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.