PM panel flags urban job guarantee scheme, universal basic income

PM panel flags urban job guarantee scheme, universal basic income

According to the report, raising minimum income and introducing universal basic income are some of the recommendations that can reduce income gap and ensure equal distribution of earnings in the labour market. A REPORT commissioned and released by the Economic Advisory Council to the Prime Minister (EAC-PM) has suggested that the Government should launch a guaranteed employment programme for the urban unemployed and roll out a universal basic income (UBI) scheme to reduce income gaps.

Citing the “skewed nature” of income distribution in the country, the report also recommended steps to raise minimum income and more government spending on the […]

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