Budgeting for the bottom of the pyramid

Universal Basic Income cannot be a solution to India’s structural problems that are depressing the income growth of workers

Every year there is a hype when the Finance Minister presents the Budget. Though the principal purpose of the Budget is to deal with the accounts of the government, people look to it to gauge which way the country will be heading. In an election year, the government will present only an interim Budget to keep it going till after the elections. However, with the elections in mind, the Finance Minister may use the occasion to announce the government’s […]

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