With the merit-recognition of Development Economics and its promoted means to uplift the poor, there have been scholarly suggestions of public policy which are direct applications of its subject matter. One such policy is that of a universal basic income, i.e., government-guaranteed income to individuals and households. In literature, [Banerjee, Niehaus, Suri; 2019] noted- “there are good reasons why UBI may actually contribute to the growth process in poor countries.” Specifically, within the policy structure of India, there exists a provision of what is called, ‘Direct Cash Transfer’ or DCT.
It is recognized as a form of a larger scheme […]
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