Targeted transfers may be more effective than Universal Basic Income

Targeted transfers may be more effective than Universal Basic Income

Former chief economic adviser Arvind Subramanian has been a quite a vocal advocate of Universal Basic Income in India. Photo: Pradeep Gaur/Mint New Delhi: Over the past few years, the idea of a Universal Basic Income for all citizens has been gaining currency, in the developed as well as the developing world. In the developed world, the threat of automation and job losses has led to an intense debate on Universal Basic Income. In developing countries such as India, the leakages associated with traditional welfare schemes have prompted a discussion on the Universal Basic Income , with former chief […]

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