A quasi-universal transfer, combined with a small increase in taxes on luxury items consumed or used by the wealthy, seems to be the best bet.
India is like other countries, in that the share of income going to people who rely solely on their labour was declining and uncertain. By Guy Standing & Renana Jhabvala
India is facing three crises at once—medical, economic and distributional. Unless wise and courageous policies are implemented, there will be a fourth—social violence. The spreading sickness and deaths from the coronavirus is obviously the immediate threat. India has done better than many countries so […]
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