The poor remain in poverty not because they do not work but because the work does not pay or is of the manual scavenger kind. (Representational Image: iStock) That two former economic advisers to the Government of India appointed by governments with totally different ideologies, Kaushik Basu and Arvind Subramanian, have seriously considered the idea of a universal basic income for India suggests that there is good reason not to dismiss it just because the Congress has proposed it in the run-up to the ballot. In the West, the idea merits respect because technology-driven job losses have dispossessed many. […]
Full Post at www.thestatesman.com