It’s surprising how quickly the idea of a universal basic income has gained traction in India.
The idea is bad and extremely dangerous for India.
I have come across two eminently sensible articles on the applicability, and the relevance, of ‘Universal Basic Income’ for India. One was by Professor Pulapre Balakrishnan (ht: Praveen Chakravarty), and the other by Rajesh Kumar of Mint . (Disclosure: He is Editor of the Edits page that carries my weekly columns.)Prof Balakrishnan’s article is crisply written. Here is a sample: But the answer to the accumulating subsidy bill lies less in moving to the distribution of […]
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