Universal Basic Income

Universal Basic Income

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The persistence of high inequality and the prospect of job losses owing to automation in the advanced world has led several advanced economies to consider the idea of a universal basic income (UBI) to guarantee their citizens a minimum level of income support.

The same idea seems to be gaining favour among a growing number of economists and policymakers in India, but for different reasons. Whether the UBI is effective? It is not clear that the money actually reaches the poor. So the question is whether the UBI is a more effective way of reaching the poor that the […]

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