From guaranteed employment scheme to universal basic income: EAC’s suggestions for the govt

From guaranteed employment scheme to universal basic income: EAC's suggestions for the govt

The report is aimed at helping the government formulate reform strategies and a roadmap for social progress and shared prosperity in the country. The Economic Advisory Council to the PM has suggested the government introduce a guaranteed employment scheme for urban unemployed, introduce a universal basic income and allocate higher funds towards the social sector to reduce inequality in India while creating air-tight slabs to classify different income groups in the country.

“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 like MGNREGS that […]

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