"Most importantly, the government must allocate more percentage of the expenditure towards social services and the social sector to make the most vulnerable population resilient to sudden shocks and stop their descent into poverty," it added. The Economic Advisory Council to the Prime Minister has suggested the government launch a guaranteed employment scheme for the urban unemployed, introduce universal basic income and allocate higher funds towards the social sector to reduce inequality while creating air-tight slabs for class-based distinction.
"Looking at the difference between the labour force participation rate in rural and urban areas, it is our understanding that the […]
Full Post at economictimes.indiatimes.com