Campaign for Universal Basic Income

Pandemic means job loss and misery for the masses. Universal basic income is the need of the hour.

Cost of economic stimulus just 1% of GDP, not 10%: Economists Economists calculating the cost of the stimulus said the cost of economic stimulus is just 1% of GDP and not 10%. The additional cash outgo of the entire package was only about Rs 2 lakh crore or less than 1% of India’s Rs 211 lakh crore GDP. The Rs 8 lakh crore worth of steps unveiled by RBI will...