Universal basic income, until Rahul Gandhi’s promise of it on Monday, is a concept which has so far had little traction in our part of the world. Even though the rate of unemployment is high and poverty levels higher, the sheer number of people in India have made the promise of monetary support to one and all a distant dream.
Although the scheme hinges on the basic premise of eliminating poverty, the overwhelming intricacies of employing a direct cash payment to an entire population has led to it being limited to some of the most prosperous countries and cities. Even […]
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