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.
Trump’s OBBB is framed to augment domestic semiconductor production and enhance trade protection, even at the expense of certain social programs such as Medicaid, food stamps, and student loans, as well as a projected ballooning federal deficit from US$2.8 to 3.3 trillion
New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.
Under joint venture, JSW Sarbloh Motors will indigenise and manufacture TX range ATVs in Chandigarh. The first India-assembled unit is expected by early 2026.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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