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What are some proposed safety nets for addressing unemployment in India?
  • a)
    Implementing a comprehensive Universal Basic Income (UBI)
  • b)
    Increasing the retirement age
  • c)
    Enhancing existing social safety nets and cash transfer schemes
  • d)
    Reducing taxes for wealthy individuals
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What are some proposed safety nets for addressing unemployment in Indi...
Experts suggest that rather than adopting a comprehensive UBI, India should focus on enhancing its existing social safety nets. This includes cash transfer schemes aimed at vulnerable populations, such as farmers and unemployed youth, and employment guarantee programs like MGNREGA, which strive to secure rural employment. Strengthening these programs can provide a more targeted approach to alleviate poverty and unemployment, fostering economic resilience. An interesting aspect is that effective social safety nets can also contribute to greater social stability, especially in times of economic uncertainty.
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What are some proposed safety nets for addressing unemployment in India?a) Implementing a comprehensive Universal Basic Income (UBI)b) Increasing the retirement agec) Enhancing existing social safety nets and cash transfer schemesd) Reducing taxes for wealthy individualsCorrect answer is option 'C'. Can you explain this answer?
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