Universal Basic Income News

News

'It lessens my bills': $500 payments tested in upstate New York

During the pilot program, funded by private donations, 100 county residents making less than $46,900 annually will get $500 a month for a year

4 min read20 Jun 2021
News

Pandemic is not the time to recast welfare system: official

Somanathan also said that the case for a universal basic income (UBI) should not be linked to the pandemic

2 min read15 Jul 2020
Politics

How the idea of universal basic income gained currency in India's political discourse

Finance minister Arun Jaitley in June 2017 said while he is fully supportive of the idea of UBI proposed by SubramanianIn January, Congress party president Rahul Gandhi formally put the idea of UBI on the political agenda

2 min read28 Mar 2019
Politics

Universal basic income won't solve unequal income distribution: Think tank

The introduction of the UBI is, thus, likely to hamper fiscal soundness, says a Pune based think tankUBI is a framework providing minimum economic security to all citizens

1 min read27 Mar 2019
Opinion

Opinion | Look beyond unconditional transfers for social security

A binding national minimum wage is the first step in addressing hopes and aspirations

4 min read18 Mar 2019
Companies

India can pay ₹500 to each citizen every month: Economist Guy Standing

In conversation with Guy Standing, economist at the School Of Oriental and African Studies, University of LondonNeither the Narendra Modi government nor Rahul Gandhi have gotten minimum income scheme right, he says

10 min read4 Mar 2019
Opinion

Opinion | Good jobs, not Universal Basic Income, are needed for a good society

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

4 min read26 Feb 2019
Opinion

Opinion | Decay of capitalism and an elixir called universal basic income

Universal basic income can defuse the wrath of the intellectual class against the disruption caused by capitalism

4 min read24 Feb 2019
Opinion

Opinion | UBI is actually Universally Botched by Indians

The focus on UBI takes the pressure off the political class to support structural reforms

4 min read18 Feb 2019
Budget 2019

Five things to watch for in the interim budget 2019-20

A package for farmers to address the farm distress in the form of a direct income support scheme is widely expected.Apart from farmers, the other constituency that the government may target are the traders and small businesses

2 min read1 Feb 2019
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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