The persistence of high inequality and the prospect of job losses owing to automation in the advanced world has led several advanced economies to consider the idea of a universal basic income (UBI) to guarantee their citizens a minimum level of income support.
The same idea seems to be gaining favour among a growing number of economists and policymakers in India, but for different reasons. One of the key themes of the economic survey this year is likely to be UBI, the chief economic advisor to the finance ministry Arvind Subramanian had said in a 29 September interview to Business […]
Full Post at m.dailyhunt.in