New Delhi – As the country’s economy recovers from the scars of demonetisation, the government has sought to float another trial balloon called universal basic income (UBI). The idea of a dole, to replace all other doles, on the face of it looks sound. But just like demonetisation, there is no equivalent large, sophisticated economy catering to a big population, which has tried it so far. And therein lies the need to tread with caution, and we are not even talking politically.
Should every Indian citizen, whether a wealthy industrialist or a street dweller, get a small amount each month […]
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