Tag Archives: India

INDIA: Ajit Ranade, “From NREGA to universal basic income”

Anjit Ranade, senior economist based in Mumbai, writes in The Free Press Journal that a direct universal cash benefit “can replace ill-targeted subsidies on cooking gas, fertiliser and food grain,” under India’s current welfare system. 4.2% of India’s Gross Domestic Product (GDP) is spent on subsidies: electricity, fertilizer, food, oil, rail, and water. Many of the subsidies do not make

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