In India we have got hold of wrong end of the stick

In India we have got hold of wrong end of the stick

The MGNREGS programme has evolved over the last two years to increase its focus on creation of durable assets, among other things. Central government is likely to end up reducing real incomes of supposed beneficiaries by cutting down on crucial expenditures like that on employment guarantee and food security.

In India, we tend to catch up with the latest global policy fashions — but a little late, and often in distorted ways.

Take the idea of the universal basic income (UBI). Most advocates of basic income in the advanced countries do not see this as in any way a substitute […]

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