The argument in favour of a Universal Basic Income comes from a realisation that unemployment is on the rise and therefore getting jobs will not be easy. Despite all good intention, the government has not been able to encourage industry to create jobs. There are nearly one crore new youth who enter the job market every year. Against this figure, the total new jobs created last year was less than one and a half lakhs. The scenario doesn’t look promising in the near future too. Even as the demonetisation exercise is underway, we have a discussion starting on giving […]
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