Context:
The current Chief Economic Adviser, V Anantha Nageswaran feels that a Universal Basic Income (UBI) is not needed, as India needs to focus more on economic growth to take care of the aspirations of its people, adding that it should not be on the agenda over the near-term.
About Universal Basic Income (UBI): Universal Basic Income is a concept that proposes providing a guaranteed income to all individuals within a society, regardless of their employment status or income level. Why to Choose Universal Basic Income (UBI)? Poverty Alleviation: By providing a basic income floor, individuals who are struggling […]
Full Post at pwonlyias.com