EAC-PM recommends employment scheme for urban jobless, universal basic income

EAC-PM recommends employment scheme for urban jobless, universal basic income

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 urban equivalent of schemes […]

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