Category: Basic Income

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In recent weeks, Vice President Harris has attempted to reinvent herself and run away from her record in the U.S. Senate and as President Biden’s vice president. Those who know that record, however, will find it difficult to believe her sudden about-face.

As a senator, Kamala Harris ranked among the institution’s most liberal members. She was an early backer of the Green New Deal and Medicare for All. She supported a bill that would mandate all new vehicles be zero-emission by 2040. She even authored a universal basic income proposal that one analyst said “could be the most […]

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Red Book Posted on September 13th, 2024 Last modified on September 13th, 2024 Be the first to comment Views 0

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Source : The post whether India should introduce a Universal Basic Income (UBI) has been created, based on the article “ Is it time for India to introduce a Universal Basic Income ?” published in “ The Hindu ” on 13th August 2024 UPSC Syllabus Topic: GS Paper 3 – Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development […]

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Syllabus:

GS-3;

Employment , Government Policies and Interventions Focus: The concept of Universal Basic Income (UBI) has gained attention in India due to rising unemployment, automation, and growing income inequality. Debates are intensifying about whether UBI could provide a solution to these issues, especially given the challenges of jobless and job-loss growth. Current Employment Challenges in India: Jobless Growth: India faces a situation where economic growth is not translating into job creation. Despite rising output and productivity, the employment generation is lagging. Youth Unemployment: The International Labour Organization (ILO) reports that 83% of the unemployed […]

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Need for Universal Basic Income in India 1 Context

The concept of Universal Basic Income (UBI) has been gaining traction globally as a potential solution to address economic inequality and provide a safety net for all citizens. In India, the debate around UBI has intensified in recent years, especially in light of the challenges posed by automation, jobless growth, and the inefficiencies of existing welfare programs. The Case for UBI in India

Economic Inequality: Basically the economic inequality is very high in India and it is one of the highest economic Inequality countries in the world. A […]

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Note4Students

From UPSC perspective, the following things are important :

Mains level: Impact of automation on the Indian economy; Why in the News? The rise in jobless growth, driven by automation and AI, has led to growing inequality, prompting discussions on implementing Universal Basic Income (UBI) in many countries. What does the ILO say on Inflation and unemployment in India? The ILO reports that 83% of the unemployed population in India are youth, due to the rapidly changing economy influenced by automation and AI. This trend has exacerbated income inequality, with a 1.6% drop in global labour income […]

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> Opinion

The idea of a universal basic income has gained traction since the International Labour Organization’s most recent World Employment and Social Outlook links the decrease in jobs growth and the increase in inequality to a surge in automation and the use of artificial intelligence. The idea of a universal basic income has gained traction since the International Labour Organization’s most recent World Employment and Social Outlook links the decrease in jobs growth and the increase in inequality to a surge in automation and the use of artificial intelligence. | Photo Credit: Getty Images/iStockphoto

Due to the phenomenon of […]

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