A mining fund in Goa could soon give all its residents an equal, regular income

A mining fund in Goa could soon give all its residents an equal, regular income

Tourist brochures frequently describe Goa as some kind of utopia and the Economic Survey – expected at the end of January, a day before the next Union Budget – could go some way in bridging the gap between imagination and reality. The document will discuss the feasibility of implementing basic income, an unconditional cash transfer for all residents that could bring improvements in health, nutrition and education.

In Goa, the basic income could come out of the Goa Iron Ore Permanent Fund, created by the Supreme Court in April 2014 as part of its judgement in a case regarding widespread […]

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