Madhvi Sethi, Saina Baby, Vandita Dar
Ivey Publishing (W20557-PDF-ENG)
July 06, 2020
The 2016 Indian Economic Survey17 suggested a step-by-step implementation of the Universal Basic Income (UBI) concept as the fastest route to long-term poverty alleviation. High inequality and poverty, coupled with massive misallocation and waste in existing welfare systems, made India a perfect place to experiment with UBI. While the rapid expansion of Jan DhanAadhaarMobile’s infrastructure was expected to streamline UBI implementation in India, concerns loomed over program implementation, fiscal viability, and the questionable effectiveness of UBI in fighting poverty.
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