A pilot Universal Basic Income (UBI) can be rolled out that targets only the most vulnerable groups such as the elderly, poor women and the disabled
In the Economic Survey of 2016-17, the concept of Universal Basic Income (UBI) was discussed as a potential solution to reducing poverty and income inequality. It was put forth as a radical idea whose time had come. The survey report estimated that the cost of a direct cash transfer to every Indian of Rs 7,260, equal to the then poverty line number, would entail an annual cost of 4.9% of GDP. This was unthinkable […]
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