India is considering Universal Basic Income, the National Human Rights Commission (NHRC) has told the United Nations. In this regard, NHRC, submitted a mid-term report ‘Universal Periodic Review (UPR)-III’ to the United Nations.
Context
India is considering Universal Basic Income, the National Human Rights Commission (NHRC) has told the United Nations. In this regard, NHRC, submitted a mid-term report ‘Universal Periodic Review (UPR)-III’ to the United Nations.
Background
Analysis
What is Universal Basic Income?
Why UBI?
Basic premise of Economic Survey (ES) of 2016-17's UBI:
Pros and Cons of Universal Basic Income
Key-highlights of Universal Periodic Review (UPR)-III
Universal Periodic Review (UPR)
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Why UBI is urgently needed in India?
Conclusion
The concept of UBI, if becomes a reality in India will promote many of the basic values of a society which respects all individuals as free and equal. It would also promote liberty because it is anti-paternalistic, opens up the possibility of flexibility in labour markets. It promotes equality by reducing poverty. It promotes efficiency by reducing waste in government transfers. And it could, under some circumstances, even promote greater productivity.
Verifying, please be patient.