Recently a seminar organised by the Institute for Human Development in Delhi discussed the proposals for a Universal Basic Income (UBI) put forward by Pranab Bardhan and Vijay Joshi, whose presence at the seminar added greatly to a better understanding of their ideas. The seminar also had sessions on the treatment of this topic in this year’s Economic Survey and field-level concerns.
The dissatisfaction with the misdirection of subsidies in social welfare schemes and the high-level of “demerit” subsidies that go to better-off sections of the population figured ...
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