-The Financial Express The one irrefutable lesson from MGNREGA, is that once introduced, there will be no going back India is one of the most unequal countries in the world. In terms of Gini coefficient, i.e., measure of income inequity, India ranks a dismal 135 out of 187 countries. This means that most of the prosperity that an increasingly economically liberalised India is seeing, belongs primarily to the top-income percentiles. One in...
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Getting the basics wrong -Madhura Swaminathan
-The Hindu Unlike the ‘Economic Survey’ proposal, the idea behind a Universal Basic Income is one of redistribution The Economic Survey 2016-17 tabled in Parliament last month has proposed introducing a Universal Basic Income in India, and has devoted an entire chapter to this new idea. A universal and unconditional income transfer to all citizens in order to address the twin problems of poverty and unemployment is undoubtedly a proposal that merits...
More »Budget unmindful of income inequality -MA Oommen
-The Hindu Business Line It should have considered Universal Basic Income. But sadly, budgets are not seen as a means to meet socio-economic goals The Union Budget attracts considerable media hype and debate. Democracy, if understood as a contract between the state and its citizens, may have to use the budgetary process to ensure not only prosperity for all, but justice or fairness to the most disadvantaged among them as well. A rational...
More »Before Universal Basic Income, We Must First Get Social Spending Basics Right -Anjana Thampi and Ishan Anand
-TheWire.in The Economic Survey 2016-17 devotes a chapter to the provision of a Universal Basic Income (UBI), describing it as a “raging new idea,” a “radical new vision” and “the shortest path to eliminating poverty”. While warning that the UBI “should not become the Trojan horse that usurps the fiscal space for a well-functioning state,” the survey says a de facto UBI can be instituted in the existing “fiscal space”. It...
More »DeMo dole in Bengal -Devadeep Purohit
-The Telegraph Calcutta: The Bengal budget has proposed a grant of Rs 50,000 each to 50,000 migrant workers who were forced to return from other states because of demonetisation. By announcing the first such scheme in the country, the Mamata Banerjee government has beaten to the draw the Narendra Modi dispensation. Speculation had swirled around the Modi government that it might share the "gains of demonetisation" with the people through direct deposits...
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