The union government has unveiled a radical proposal to eliminate poverty – providing a universal basic income for all its citizens, while stressing that this is only a concept.
The idea was floated in annual economic survey 2017 that said guaranteeing a stipend to cover every individual’s basic needs would promote social justice.
Universal Basic Income is not a substitute for state capacity, it is a way of ensuring that state welfare transfers are more efficient so that the state can concentrate on other public goods.The economic survey argued that a prerequisite for the success of Universal Basic Income is JAM […]
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