The study is a step in the right direction to answer some of the big questions about universal basic income, which just might be an ideal policy tool for recessions.
Supporters say it would reduce inequality and improve well-being, while opponents argue it would be too expensive and discourage people from going to work.
If no effort is made to consider how a minimum income guarantee is financed, then the expenditure would lead to cuts in public investment & higher borrowing.
If practicalities dictate that India’s tenuous social protection framework be sacrificed at the altar of a basic income, then it can actively undermine the social contract.
For all its obvious blemishes, capitalism alone holds out the most creative and dynamic force that any civilization has ever discovered, wrote BP Godrej in 1980.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
This is the first major attack on central security forces since last November, when a CRPF jawan was killed and four were injured in an ambush in Jiribam on Manipur-Assam border.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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