Question Q.18GS2GS2
"Universal Basic Income (UBI) is a viable solution to eradicate extreme poverty in India." Critically discuss the statement.
Main Body
Universal Basic Income refers to giving a minimum basic amount to every family/individual to ensure decent standard of living. UBI - viable solution to eradicate extreme poverty 1) Bringing people out of poverty by ensuring min expenditure. Brought 24.8 crore out of poverty in 10 years NITI through welfare measures. 2) Ensuring high non-food expenditure share, being as per Household Expenditure Survey
3Investment in basic amenities - e.g. quality education and healthcare facilities 4) Ensuring quality human capital - is may increase productivity and thus more remuneration 5) Ignite the flame of entrepreneurial spirit - e.g startup India scheme 6) Eradicate hunger (worst form of poverty) However, concerns are: 1) Fiscal health of state: current debt to GDP ratio stands at 83/.
2Net sustainable solution - it can't be a long-term measure 3) Reducing incentive to work - e.g Unemployment allowance 4) Aided to even prosperous families - could lead to unwanted burden 5) Corruption concerns in bureaucratic setup Measures needed: (3) Focus more on job creation (1) Only selected families with extreme poverty (2) Reduce inclusion-exclusion errors (4) Social safety net like insurance Brazil's Bolsa Familia is an effective model to adopt.
195 words1 paragraphs
Conclusion
Brazil's Bolsa Familia is an effective model to adopt.
9 words
Topper
NISHCHAL JAIN
AIR 1192025
Subject & Paper
GS2GS2
Topic
Issues relating to Poverty and Hunger
Poverty and Malnutrition
Universal Basic Income
Writing Stats
204
Total words
1
Paragraphs
analytical
Tone