Central panel bats for urban job guarantee scheme, universal basic income

Central panel bats for urban job guarantee scheme, universal basic income

Representational image | Shutterstock The Economic Advisory Council to the Prime Minister (EAC-PM) on Wednesday suggested that the government should come out with a guaranteed employment scheme for the urban unemployed as well as introduce a universal basic income and allocate higher funds towards the social sector to reduce inequality in India.

The report, titled The State of Inequality in India, commissioned by the EAC-PM, was prepared by the Institute for Competitiveness. It was released by EAC-PM chairman Bibek Debroy.

“Looking at the difference between the labour force participation rate in rural and urban areas, it is our understanding that the […]

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