PM panel flags urban job guarantee scheme, universal basic income
Citing the “skewed nature” of income distribution in the country, the report also recommended steps to raise minimum income and more government spending on the social sector to make vulnerable sections immune to sudden shocks” and “stop their descent into poverty”.
The report, titled “The State of Inequality in India” and prepared by the Gurgaon-based Institute for Competitiveness, was released on Wednesday by EAC chairman Bibek Debroy.
“Looking at the difference between the labour force participation rate in rural and urban areas, it is our understanding that the urban equivalent of schemes like MGNREGS that are demand-based and offer guaranteed employment should be introduced so that the surplus-labour is rehabilitated,” it said.
According to the report, raising minimum income and introducing universal basic income are some of the recommendations that can reduce income gap and ensure equal distribution of…
