Amartya Sen: Granting basic income to all may lead to more privatisation

Amartya Sen: Granting basic income to all may lead to more privatisation

Amartya Sen was the chief guest at the first Ashok Rudra Memorial lecture of Visva Bharati University. (Photo by Anamni Gupta) (Written by Anamni Gupta)

Noted economist and Nobel laureate Amartya Sena on Sunday said implementing universal basic income (UBI) in India could lead to more privatisation as people would spend more on private education and healthcare.

Sen, who was the chief guest at the first Ashok Rudra Memorial lecture on ‘Universal Basic Income as part of the Right to Minimum Economic Security’ organised by the Department of Economics & Politics of Visva Bharati, said, “People in a market-driven economy […]

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