Universal Basic Income

In the worst case scenario where the NDA is unable to secure a majority (seats less than 272), analysts at Bernstein expect 'heavy profit booking' in the markets with low or negligible returns

Navigating the current economic and political challenges demands a shift in our analytical lens to one that refrains from simplifying problems

Income generation must be the focus of policy

According to the report, while growth has taken place in terms of an increase in wages earned, the benefits of that growth have been concentrated and this has marginalised the poor further

Going to polls, all competing parties in the state have announced cash support in some form or the other. States' initiatives usually land up in the Centre's kitty of welfare schemes later

Writer who coined the term 'gray rhino'--threats that are highly probable but are ignored--warns against economic inequality.

Rajan, meanwhile, said that the central and state governments will have to maintain increased spending, whatever the deficit figures may be

One argument that is cited against UBI is that it may generate laziness. The experiment is Kenya, quoted by Abhijit Banerjee and Bardhan, shows that it does not

There are real issues about implementing the whole scheme

In the concluding part, the author lays down the fiscal arithmetic for an illustrative UBI supplement in India

Resources for a reasonable guaranteed basic income may be within the realm of fiscal feasibility even for poor countries

Look at UBI primarily as a means of relieving economic insecurity, not economic inequality

NIPFP's Rathin Roy said that providing income support and preventing wealth disruptions is a necessary requirement in the current situation.

Now, with the US economy crippled as people hunker down at home, the likes of conservative Republican Senator Mitt Romney are raising the idea

Given the nature of cash transfer plans, the govt would need large revenues and may have turn a blind eye to the fiscal deficit

The lack of "universality" becomes the biggest problem in any Universal Basic Income scheme since it raises the challenges of effective targeting

The study comes amid a rash of UBI-like promises being made ahead of the general elections beginning April 11

Standing said India could try a basic income support for tribal families, who are the most vulnerable and have one of the lowest incomes in the country

A Universal Basic Income cannot be a magic bullet. Cash alone cannot wipe out the disparities in a complex, unequal society such as India, divided by caste, religion and gender differences

It would be wonderful to have a genuine basic income scheme for the country. Thus far, all we have are travesties of the idea