A UBI promotes equality and provides a backstop for those who lose jobs or fail to get one. By Rajarshi Ghosh
There is an opinion among many policymakers that Universal Basic Income (UBI) should be a supplement to, or replacement of, all social safety nets. The global economic contraction induced by Covid-19 has prompted this thought in India and elsewhere. Supporters of basic income often believe an unconditional safety net can help people out of poverty, by giving them the time to apply for jobs or learn essential new skills. This is seen as increasingly important in the age […]
Full Post at www.financialexpress.com