Universal Basic Income – A simple measure to usher in an economic revolution

This article is a part of my continuing quest to suggest the use of non-traditional measures to usher in an economic revolution in Pakistan.

I view economic wellbeing through the consumption (lifestyle) of the lowest economic strata of society. I would venture to guess that 80% of our GDP goes to 20% of the population; and using Financial Year 2022 data, this would mean that the per capita income of $ 1,750 (Rs 314,000) would be split as $ 7,200 (Rs 1,257,000) per head for the 20% and $ 450 (Rs79,000) per head for the 80%, or Rs. 6,550 per […]

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