Yes, Universal Basic Income. No, Targeted Income Schemes.
A woman holds the money she has received from a microfinance company, in Sadasivpet, Telangana. (Photographer: Adeel Halim/Bloomberg)

Yes, Universal Basic Income. No, Targeted Income Schemes.

BloombergQuintOpinion
The Indian National Congress has announced a guaranteed minimum income for every poor person in India along with a national loan waiver scheme for farmers. The waiver is a singularly bad idea, whet...
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