Universal Basic Income

Saturday, Apr 20, 2024 | Last Update : 09:45 AM IST

A man sleeps at a night shelter for poor and homeless people, in New Delhi, in the cold morning hours. (Photo: AFP)

‘Time to care’ about economic inequality in India

The creamy layer of the world population has collectively generated an enormous amount of wealth in the past 20 years.

28 Jan 2020 2:57 AM

It said that putting Quasi-Universal Basic Income (QUBI) on DBT would resolve the issues and can be launched immediately without large upfront spending.

Centre may merge all welfare plans for dole

The report said that rural distress has marked economic-social-political implications.

24 Jan 2019 1:17 AM

The government can choose to pay a certain amount, which can be calculated as the poverty line threshold multiplied by the number of people in a household and then scaled up for a month.

Universal Basic Income: A worthwhile experiment

Various employment schemes at the Central and state levels should be done away with and the people provided a basic income instead.

20 Jan 2019 4:46 AM

The International Monetary Fund (IMF) shot down media reports speculating that it was pushing for the Public Distribution System (PDS) to be replaced by the Universal Basic Income (UBI) in India. (Photo: AFP)

IMF not endorsing universal basic income model in India

The reports emerged after the IMF said said the UBI will outperform the PDS in terms of coverage, progressivity, and generosity.

15 Oct 2017 6:44 PM

The IMF has said that universal basic income "looks good" when it substitutes inequitable and inefficient public spending. (Photo: PTI/Representational)

Universal basic income looks good as substitute for inequitable public spending: IMF

Because of its universality, a UBI has the potential of having a significant impact on inequality and poverty.

12 Oct 2017 1:23 PM

Jaitley says universal basic income has 'political limitations'

Arun Jaitley also said the finance ministry is debating the Economic Survey's suggestions of UBI and creation of bad bank.

12 Jun 2017 2:40 PM

Founder of “Mein Grundeinkommen (My Basic Income)” Michael Bohmeyer at his office in Berlin. (Photo: AFP)

Berlin startup offers a year with no cash worries

Recipients’ experiences range from a welcome spell without financial worries to major turning points in their lives.

18 Apr 2017 6:41 AM

Chief Economic Advisor Arvind Subramanian.

UBI only after withdrawal of welfare schemes: CEA

Subramanian's proposal in Economic Survey led to speculation on whether govt will implement UBI in country.

25 Feb 2017 10:48 AM

Economic inequality is rising day by day throughout the world, all theorisation and philosophical declamations notwithstanding. It is the biggest cause of worry for economists and policymakers.

UBI isn’t a permanent solution: Income disparities must be cut

UBI may come as a great relief for the poor but it is not a permanent solution.

15 Feb 2017 2:06 AM

UBI to replace social welfare schemes: Survey

Survey estimated that a UBI that reduces poverty to 0.5 per cent would cost 4-5 per cent of GDP.

31 Jan 2017 2:59 PM

Finance Minister Arun Jaitley. (Photo: Twitter/ANI)

Economic Survey 2017 may recommend UBI

Survey is also expected to lower GDP growth estimate to 6.5 per cent for 2016-17, reports BloombergQuint.

31 Jan 2017 10:58 AM

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Shobhaa De

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