Universal Basic Income for India: Renaissance for a 500-year-old idea

Universal Basic Income for India: Renaissance for a 500-year-old idea

Despite multiple concerns, the time for UBI is now. But, to prevent it from being just a paper tiger, much needs to be done for its effective implementation.

The idea of auniversal basic income (UBI) gaining traction in India is not novel. The notion gained currency in 16th century, when Thomas Moore advocated it in his novel
“Utopia.” Moore essentially applied the concept of basic income, for the sharing of wealth generated from the passing of public lands to private ownership. The concept of UBI thus,emerged from a philosophy of fostering social justice and equal opportunity. This found favour […]

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