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Citizens' right to minimum economic security

Look at UBI primarily as a means of relieving economic insecurity, not economic inequality

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Pranab Bardhan
In developing countries, the social safety net is usually even patchier than in the US. For a long time, the policy preoccupation in these countries has been with poverty reduction, and most developing countries have made considerable progress in this respect (now the pandemic-related economic crisis has pushed back that progress somewhat). But large fractions of the population, who may be technically above the poverty line (which in poor countries is usually a line of extreme destitution), suffer from all kinds of brutal risks in their daily life and livelihood, due to weather fluctuations for agriculture (now likely to be
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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