Keyword : UBI

Universal basic income transfers for poor may be introduced: HDFC

Universal basic income transfers for the poor are likely to be introduced only on a pilot basis but low-cost housing could get a bigger boost, said HDFC bank in its budget expectations.

Free money? Seriously?

From Mahatma Gandhi’s Sabarmati Ashram to corporate talkshop Davos, it’s creating a buzz everywhere. If nothing is stronger than an idea whose time has come, then people in more and mor

How basic should basic income be?

Before one takes a call on whether or not India should go down the universal basic income (UBI) route, some myths about the UBI need to be addressed. A universal basic income is an unconditional, r

“J&K could be an experimental ground for UBI”

In the Jammu and Kashmir budget, you have announced a basic income for construction workers, and also mentioned the concept of universal basic income. What was your rationale behind it?

Universal Basic Income: The big idea takes tiny steps

Sarath Davala has a strong opinion about public welfare. “The public welfare regime in India,” he says, “is an exercise in futility.” Some $20 billion (or about Rs 1.3 trill

“Basic income should have maximum inclusion”

SEWA Bharat had initiated a unique pilot project on cash-for-food (that is, cash replacing PDS goods) in Delhi some time ago. However, the basic income pilot project in Madhya Pradesh goes

Stories you must read over the weekend

From Mahatma Gandhi’s Sabarmati Ashram to corporate talkshop Davos, it’s creating a buzz everywhere. If nothing is stronger than an idea whose time has come, then people in more and m

Universal Basic Income: The way forward

9.44 The irresistible force of even as powerful an idea as UBI will run into the immovable object of a resistant, pesky reality. So, what is the way forward, always remembering t

World’s biggest UBI experiment in Kenya

The biggest ever universal basic income exercise is taking place in Kenya, and if it works, it may be replicated in other parts of the world. India too is looking closely at UBI, with pilot project

NREGA faces uncertain future

A law which is supposed to make work on demand a basic right for citizens has been faltering ever since it came into effect a decade ago. And as it enters its 11th year, it faces more tha

Minimum income schemes needed for job loss due to automation: Study

With the Indian IT and other industries facing daunting challenges from protectionism in the US and Artificial Intelligence (AI), an ASSOCHAM-PwC study has made out a case for government –ind

IMF bats for Universal Basic Income in India

The need to reform existing subsidy programs in India has recently gained momentum. Part of the policy debate has focused on the potential role of a universal basic income (UBI) as an alternative t

UBI: The devil is in the detail

Instituting Universal Basic Income (UBI) requires public support spanning demographic lines, executive backing, and strong macroeconomic fundamentals. Weaken any leg of this tripod, and the redistr

Why not offer basic income to all?

Universal basic income (UBI) has been the buzz in policy circles since global downturn. Arvind Subramanian, former chief economic adviser to the finance ministry, championed the idea and devoted a

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