This paper discusses two common arguments for the adoption of a UBI; that it can be a more effective way of supporting low-income households when existing safety net programs are inefficient, and that it can generate broad support for structural reforms. Using India as an illustration, the paper...

Financial Inclusion has always been a much touted policy agenda since India’s Independence. The State played a key role through promoting cooperative credit societies, nationalising big private sector banks and facilitating several supply side measures to ease access to credit. Post 90s, the...