Universal Basic Income

Bare threads of a pattern that is starting to emerge: 1) people not wanting to join full-time roles, 2) massive layoffs and uncertainty...4) GenZs preferring to start their own business or work in Web 3.0.

Explained | Minimum Income Support, Universal Basic Income - where does India stand?

Two successive waves of COVID-19 have severely battered the economy, pushing large segments of the urban migrant workers and rural poor towards poverty, as unemployment rises. As the debate over whether the government should start providing direct income support to raise consumption and dispense financial safety gathers momentum, a look at the two main ways it can be done, and the experiences from around the globe.

Universal Basic Income — The Bengal model

The monthly cash scheme proposal in Trinamool manifesto builds on Mamata’s welfare narrative, but could be hard to deliver for a state saddled with huge debt

INTERVIEW| The conversation on unemployment rate being historically high is misinformed: CEA

In a wide ranging interview to Moneycontrol, Chief Economic Adviser Krishnamurthy Subramanian said that a single rate GST structure is an ideal to move towards but there was a need to be practical as well

Raghuram Rajan on why minimum income works, and the RSS' 'threat to India'

Raghuram Rajan's new book, The Third Pillar, talks about why the economic system looks broken and how to fix it.

Minimum basic income scheme among suggestions received by BJP manifesto draft panel

Asked if the BJP was seriously considering including the minimum basic income scheme in its manifesto, Chandrasekhar said the committee will take the final decision.

Podcast | Digging Deeper: All you need to know about universal basic income

The Congress, after winning a few recent key elections in Madhya Pradesh, Rajasthan and Chhattisgarh on the back of promised farm loan waivers, has proposed the implementation of the minimum guarantee scheme, theoretically known as the Universal Basic Income (UBI) scheme.

Opinion | Wanted: A ban on poll promises by politicians that offer no details

Congress President Rahul Gandhi says his party would roll out guaranteed minimum income for the poor if it comes back to power. Such promises, in the absence of details, can be dangerous.

The Moneycontrol Show │ Profit booking, UBI, market strategies

Watch the video to know when is the right time for investors to book profits on investments in equity, debts funds and equity mutual funds and more.

Macro@Moneycontrol │ What is Universal Basic Income?

Reports suggest that the Centre could announce a similar nationwide Universal Basic Income or UBI in the upcoming Interim Budget.

Reporter's Take | Sikkim could become first Indian state to roll out Universal Basic Income

Uttaresh Venkateshwaran is in conversation with Moneycontrol's Nachiket Deuskar to discuss the viability of UBI as an alternative to social welfare schemes.

Sikkim’s ruling SDF promises basic income ahead of assembly, Lok Sabha polls

Many countries see it as an effective way of reducing poverty. It is also known as guaranteed minimum income

Has Arun Jaitley killed all hope of universal basic income becoming a reality?

Voices in the government have expressed contrasting views on the issue, but the finance minister may have dealt the final blow by saying the scheme is not political feasible.

Universal basic income can work only if welfare schemes are phased out: CEA

Subramanian -- who had mooted the idea of universal basic income or a uniform stipend paid to every adult and child, poor or rich, in the annual survey of the economy this year -- said such a move will have to be completely financed from within and implemented at a mass scale.

Universal Income only after withdrawal of present schemes: CEA

Chief Economic Advisor Arvind Subramanian today said Universal Basic Income (UBI), as proposed in the recent Economic Survey, can be put in place only after withdrawal of the existing welfare projects.

Demonetisation has positive impact, says Arun Jaitley

"Demonetisation was a bold and decisive strike in a series of measures to arrive at a bigger, cleaner and real GDP," Jaitley told PTI at Karnali village, around 72 km from here.

UBI scheme should have a cut off income, says Kaushik Basu

"The Universal Basic Income scheme should give a cut off income & ask ones above it to voluntarily forego it. That'll also be a civics lesson," Basu, who is currently Professor of Economics at Cornell University, said in a tweet.

Can universal basic income be rolled out in India? FM answers

Finance Minister Arun Jaitley thinks universal basic income is a good tool to help alleviate poverty in India, but is apprehensive whether states and the Centre will come on board over the radical idea if it is taken up for consideration.

Budget 2017 As It Happened: Budget will give push to public investment, says Shaktikanta Das

Finance Minister Arun Jaitley is presenting the Union Budget 2017-18 in Parliament today. Catch live updates here.

Economic Survey 2017: Govt to table report today; here's everything you need to know

Presented a day before the Union Budget, the Economic Survey serves as the official report of the economy.

Universal basic income scheme premature for India, says frmr CEA

The government could be considering implementing the universal basic income (UBI) system for the citizens, sources have told CNBC-TV18. The social security scheme ensures that all citizens of the country get a fixed regular sum of money.