From the web; News; News & Events; Popular Media Articles

INDIA: Member of Parliament Jay Panda expresses support for basic income

Baijayant “Jay” Panda, a member of the lower house of the Indian Parliament (Lok Sabha), believes that India should consider a universal basic income (UBI) to replace its current social welfare programs.

Panda describes India’s current socials programs as “grossly inefficient, corruption-ridden, misdirected towards the better-off, and thus unable to achieve stated objectives”. These wasteful programs already need replaced. With this in mind, Panda argues that a UBI could be more affordable in India than in a high-income nation like the United States or Switzerland–citing economists such as Pranab Bardhan (University of California, Berkeley), Vijay Joshi (Oxford), and Maitreesh Ghatak (London School of Economics) for additional support. (One might additionally mention Abhijit V. Banerjee, an MIT economist and adviser for GiveDirectly’s basic income pilot.)

Jay Panda belongs to Biju Janata Dal (BJD), a centrist party in the state of Odisha. BJD holds 20 out of 545 seats in the Lok Sabha, having won 20 out of 21 seats for Odisha in the 2014 general election, and eight out of 245 in the upper house (Rajya Sabha). BJD is the dominant party in the Odisha legislature, where it holds 117 out of 147 seats. Panda is a member of the Parliamentary Standing Committee on Commerce and the Consultative Committee for the Ministry of Human Resource Development.

Earlier in 2016, Varun Gandhi, MP from India’s ruling Bharatiya Janata Party, endorsed basic income in an article for The Hindu.

More recently, India’s Chief Economic Adviser, Arvind Subramanian, has stated that the government will investigate UBI as part of the next annual Economic Survey of India.

Read More:

Baijayant ‘Jay’ Panda (Oct 27, 2016) “Cash To All Citizens: Universal Basic Income could actually work better in India than in rich countriesTimes of India.

Reviewed by Genevieve Shanahan

Photo: Baijayant ‘Jay’ Panda speaks at Brookings panel, CC BY-NC-ND 2.0 Brookings Institution.

Kate McFarland

About Kate McFarland

Kate McFarland has written 501 articles.

I'm not the sort to define myself by a job or occupation. I do stuff that interests me and wait and see what happens job-wise (and, more generally, life-wise). If you want to see where my open-ended lifestyle leads next (I presently have no idea myself, and that's the excitement of it), follow my new personal blog. I don't attempt to sell or actively monetize my writing or other labors of love; however, I accept donations on Patreon and PayPal.

Share Button
The views expressed in this Op-Ed piece are solely those of the author and do not necessarily represent the view of Basic Income News or BIEN. BIEN and Basic Income News do not endorse any particular policy, but Basic Income News welcomes discussion from all points of view in its Op-Ed section.

Leave a Reply

Your email address will not be published. Required fields are marked *