Free Money for All: A Poverty Fix?

Free Money for All: A Poverty Fix?

“How can poverty in India be fixed? Can the government just give money to all the poor people?”

These were the concerned questions I got last week after I gave a talk based on my article “ Misconceptions About Income Distribution in India .”

I don’t have a good answer to the first question, but the second question led to an interesting discussion around Universal Basic Income (UBI). The idea is simple: the government gives a fixed income to everyone in the country, and the handout gets rid of most of the ills of poverty. The idea seems fantastical. And, of […]

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