In the first part of this two-part blog series, we covered the basics of Universal Basic Income (UBI) along with certain pro-farmer Indian welfare schemes inspired therefrom. Further, we posed a question as to whether UBI can indeed be the magical cure to end the agrarian crisis in India. In this part, we will delve further into this subject and explore better alternatives to the same.
Since the last 7 decades, successive governments in India have tried their best to find a long-term solution to address the country’s ailing farm sector. But despite their best efforts, the Indian agriculture sector continues to stay distressed.