Opinion | Rahul Gandhi’s minimum income guarantee can transform lives
The biggest challenge now is how they will define who the recipients of the scheme will be
Basic income is a powerful idea. If designed well and delivered efficiently, it can transform lives of the poor. The announcement by Congress president Rahul Gandhi signals a paradigm shift in our welfare thinking. That is, to move away from the subsidy regime and in-kind transfers, and embark on the path of providing direct income security. The findings of Sewa-Unicef experiment conducted in nine villages of Madhya Pradesh (MP) between 2011 and 2013 establishes beyond doubt the positive effects unconditional income transfers can have on the lives of the poor. They provide much needed liquidity to the poor households that live perennially in debt.