Opinion | Good jobs, not Universal Basic Income, are needed for a good society4 min read 26 Feb 2019, 11:57 PM IST
Neither is quotas in limited government jobs, nor raining down cash on farmers and informal workers in the garb of universal basic income are solutions for the Indian economy’s failure to create more good jobs at the bottom of the pyramid
The idea of a Universal Basic Income (UBI) has ignited great interest among economists. It has also pushed both left- and right-leaning political parties into a competitive rush to prove who can provide more cash to people faster. Before they all fall over the economic edge like proverbial lemmings, policymakers should pause to consider why the need for a UBI has arisen.
Select your Category