Why UBI could be Narendra Modi’s trump card in his fight against poverty and inequality

The old idea of universal basic income (UBI) – of the state paying everybody a uniform amount as part of welfare – is getting some traction in political discourse worldwide. On the left, it is regarded as a simple antidote to poverty. On the right, it is viewed as a means to demolish complex welfare bureaucracies while meeting some social transfer obligations without weakening work incentives significantly.

In India, apart from its anti-poverty potential, it can also be a substantia ..

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