Time for us to work out a universal basic income

Time for us to work out a universal basic income

Photo: Bloomberg

A report on inequality has revived India’s debate over an income transfer as a primary safety net for all except opt-outs. If inequality is to be addressed, we need to rethink redistribution

India’s debate on the need and feasibility of a universal basic income (UBI) as an elementary safety net for all our citizens—except opt-outs—got fresh wind last week after the Economic Advisory Council to the Prime Minister released a report on inequality prepared by the Institute for Competitiveness. While its broad focus is on the nature of inequality and poverty in the country, two suggestions made have […]

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