A Minimum Income Guarantee amidst Joblessness & Vulnerability: A Design for Income Transfers post-Covid 19 and beyond
Mehrotra, Santosh; Rajagopalan, Anjana; Kumar, Rakesh Ranjan | June 2020
Abstract
Amidst the bleak picture of increasing joblessness and indebtedness presented by the National Sample Survey’s employment surveys and debt surveys, a minimum standard of living for the nation’s poor seems to be under threat. In response to this, recent schemes inspired by the Universal Basic Income debates appeared to have been designed more for political considerations, and have glaring identification issues and have been exclusionary. Rather than adopting a quasi-UBI as suggested in the Economic Survey of 2017 and doing away with many existing developmental programmes, this paper makes a case for, and presents the design of, a much better method targeting of transfers as a supplement, keeping fiscal as well as labour-market outcomes in mind. The sudden exogenous shock of COVID-19 to the incomes of the poor has made the case of a minimum income guarantee (MIG) for the poor more urgent. Had a MIG already been in place by early 2020, it would only have required a ramping up of the transfers to protect the incomes of the poor.
Citation
Mehrotra, Santosh; Rajagopalan, Anjana; Kumar, Rakesh Ranjan. 2020. A Minimum Income Guarantee amidst Joblessness & Vulnerability: A Design for Income Transfers post-Covid 19 and beyond. © Indian Council for Research on International Economic Relations. http://hdl.handle.net/11540/12169.Keywords
Good Governance
Governance
Corporate Governance Reform
Governance Approach
Governance Quality
Public Sector Projects
Public Sector Reform
Political Leadership
Political Power
Institutional Framework
Government
Government accounting
Social planning
Social policy
Social administration
Social security
Social services
Social welfare
Poverty
Unemployment
Universal Basic Income
Government
Institutional Framework
Public Administration
Business Ethics
Political Leadership
Public enterprises
Public finance
Income Guarantee
Government
Political obligation
Public management
Government accountability
Transparency in government
Political ethics
Government spending policy
Government services
Democracy
Local government
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Citable URI
http://hdl.handle.net/11540/12169Metadata
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