-The Hindu A basic income scheme will deliver benefits to the poor only if it comes on top of public services The idea of a Universal Basic Income (UBI) is gaining ground globally. It has supporters among the political left and right, and among proponents as well as opponents of the free-market economy. A UBI requires the government to pay every citizen a fixed amount of money on a regular basis and...
More »SEARCH RESULT
Total Matching Records found : 206
Resources for Welfare Expenditure -Prabhat Patnaik
-Networkideas.org The basic income scheme that is in the air these days, which amounts to handing over a certain sum of money to every household to ensure that it reaches a threshold cash income, is an extremely flawed scheme. Instead of enjoining upon the state the obligation to provide essential goods and services like food, education, and health, to its citizens, it absolves the State of all such responsibility, once it...
More »The great Budget "Cash for Votes" Scam - and other Cash Transfer Schemes -Jayati Ghosh
-Macroscan.org Jayati Ghosh argues that a combination of universal basic services, universal employment guarantee and universal pensions to ensure a minimum income is more workable and desirable rather than cash transfers to individual households. Please click here to access the article. ...
More »The pitfalls of a cash income support scheme -Prabhat Patnaik
-The Telegraph For starters, it would alter the prices at which such support was calculated for ensuring a basic real income With Rahul Gandhi’s announcement of the Congress’s “historic decision” to adopt an income guarantee scheme, the idea of a Universal Basic Income, mooted in the Economic Survey two years ago, has suddenly got a fillip. It appears attractive at first sight: its universality avoids the discrimination, exclusion and jockeying that typically...
More »The solution is universal -Rajendran Narayanan & Debmalya Nandy
-The Hindu Strengthening the MGNREGA would be more prudent than a targeted cash transfer plan like PM-KISAN Rural distress has hit unprecedented levels. According to news reports, unemployment is the highest in 45 years. To allay some misgivings of the distress, one of the announcements in the Budget speech was that “vulnerable landholding farmer families, having cultivable land up to 2 hectares, will be provided direct income support at the rate of...
More »
