1. Bonfire of the subsidies.
- Subjects
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PUBLIC welfare , *BASIC income , *SUBSIDIES , *POOR people , *ARTIFICIAL intelligence & society , *GROSS domestic product ,INDIAN economy, 1991- ,POLITICS & government of India, 1977- - Abstract
The article argues that the Indian government should replace the nation's welfare schemes with a universal basic income (UBI) single payment plan as of 2017, and it mentions how India offers subsidized food, fuel, and electricity to the country's poor residents. The impacts that artificial intelligence and automation are having on employment in places such as India are examined, along with India's economic conditions and the nation's gross domestic product (GDP), and bank accounts.
- Published
- 2017