Is the PMGKAY a viable alternative to Universal Basic Income (UBI)?

Is the PMGKAY a viable alternative to Universal Basic Income (UBI)?

May 9, 2024 � FEATURE STORY

There’s always spirited debate and discussion on how best to ensure a robust social welfare framework. Social welfare is something governments, policymakers, and economists can agree on that we need. It’s what constitutes the welfare that produces different approaches. Some say the best way is to give people a stipulated monthly amount, i.e., a Universal Basic Income (UBI).

But India has something else – the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY). It’s the government’s flagship food subsidy scheme. Under it, people get a fixed quantity of food grains like wheat and rice […]

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