The danger of cash transfers

It might incentivise the state to shirk its constitutional responsibility of providing basic entitlements to all

With the general election around the corner and NSSO data revealing that the unemployment rate has hit a 45-year high, there is a spike in concern for the economic security of the people. Several recent proposals — whether the Congress’s pre-emptive announcement of a minimum income guarantee scheme, or the Interim Budget’s promise of a range of income transfers to farmers (albeit as low as ₹3 per day for a family of five) and a pension scheme for workers aged over 60 […]

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