Question: universal basic income is this a good idea for india?
Answer: Why Universal Basic Income is a bad idea. A UBI offering even poverty-line income will cost maybe 10% of GDP, and the entire net revenue of GoI is barely 8% of GDP. ... Many experts believe India is on track to a Universal Basic Income (UBI). This has long been advocated by economists such as Pranab Bardhan and Vijay Joshi ...