Since the economic reforms were launched in 1991, the annual budget of the Union Government has assumed a special aura - as a key signal about the direction of economic policy - or more precisely, as a barometer for liberalization. Earlier budgets presented by Manmohan Singh and P. Chidambaram...

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...

The idea of economic self-sufficiency was an important element of M.K. Gandhi‘s economic thought, and part of his vision of freedom. Because the experience of colonial rule was associated with economic backwardness and dependence on imports of manufactures, most nationalist thinkers and...