While India cannot afford the Universal Basic Income model, targetted schemes can meet welfare goals just as effectively with a few checks and balances
Universal Basic Income (UBI) aims to provide regular, unconditional cash payment to all households in a society. The idea of UBI originated in the West due to increased economic prosperity accompanied by rise in inequalities and loss of jobs. UBI is expected to protect the citizens from the looming threat of job losses due to advances in technology, robotics, Artificial Intelligence and globalisation.
Recently, the Labour party in the UK expressed its willingness to give it […]
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