Fiscal space for Universal Basic Income?

UBI proposed in Economic Survey can be financed by eliminating non-merit subsidies, suggests a study

Ishan Bakshi  |  New Delhi 

Much of the debate over shifting to a Universal Basic Income (UBI) platform has tended to focus on its fiscal implications. Where would the money come from? Would it be at the cost of existing schemes or would it be over and above those?  Economists have argued that cash-strapped governments, already committed to various subsides which are difficult to roll back, simply do not have the fiscal space for guaranteeing an adequate level of basic income.   But data presented in a new study suggests governments can continue to provide merit subsidies and at the same time ...

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Fiscal space for Universal Basic Income?

UBI proposed in Economic Survey can be financed by eliminating non-merit subsidies, suggests a study

UBI proposed in Economic Survey can be financed by eliminating non-merit subsidies, suggests a study Much of the debate over shifting to a Universal Basic Income (UBI) platform has tended to focus on its fiscal implications. Where would the money come from? Would it be at the cost of existing schemes or would it be over and above those?  Economists have argued that cash-strapped governments, already committed to various subsides which are difficult to roll back, simply do not have the fiscal space for guaranteeing an adequate level of basic income.   But data presented in a new study suggests governments can continue to provide merit subsidies and at the same time ... image
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