Universal Basic Income: Cooking Omelette Without Breaking Egg?

Universal Basic Income: Cooking Omelette Without Breaking Egg?

Instead of assuring universal right to food, health and education, liberals wish to operate UBI without upsetting capitalists too much. Many economists have been advocating a universal basic income (UBI) for India, an idea that was mooted even in the official Economic Survey for 2016-17. Of course, the practical proposals toward this end have varied, some suggesting a common universal transfer to all persons below a certain income, and others suggesting a graded transfer depending on how badly off an individual happens to be. But the vision is of a society where every citizen has a certain basic minimum […]

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