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Minimum economic security is not unaffordable

In the concluding part, the author lays down the fiscal arithmetic for an illustrative UBI supplement in India

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Pranab Bardhan
I shall now present, as an example, some rough estimates that I myself have made over the years for a low middle-income country, India. I first look at the mobilisable fiscal resources in India, and then discuss how much of these can go toward funding a UBI supplement.
 
For many decades both central and state governments in India have been providing substantial subsidies to different sections of the population. Some of these subsidies like those for food, education, health, water supply, sanitation, housing and urban development serve essential needs, often (though not always) for the common people, and so
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