Nimai Mehta, “A universal basic income to step up economic reform”

Nimai Mehta, “A universal basic income to step up economic reform”

Universal basic income (UBI) has been receiving an increasing amount of attention in India –including from the national government, with the Chief Economic Adviser having announced that UBI will be examined as part of the country’s next Economic Survey .

Within the government, UBI tends to be viewed chiefly as a way to overcome the inefficiencies and corruption that plague existing programs of social welfare. Some academic economists, including Abhijit V. Banerjee (MIT) and Pranab Bardhan (UC-Berkeley), have also emphasized the efficiency of UBI in comparison to India’s current welfare state. CC BY 2.0 nevil zaveri One critic of this […]

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