Topic: Welfare schemes for vulnerable sections of the population by the Centre and States and the performance of these schemes; mechanisms, laws, institutions and Bodies constituted for the protection and betterment of these vulnerable sections. Inclusive growth and issues arising from it.
1. Do you think introduction of unconditional regular pay checks at maximum universality, at least till the economy normalizes is the need of the hour? Analyse. (250 words)
Reference: The Hindu
Why This Question:
The article talks about the utility of universal basic income concept and its relevance amidst current situation.
Key Demand of the question:
Answer must analyse in what way the option of offering unconditional regular pay checks at maximum universality, at least till the economy normalizes is the need of the hour.
Directive:
Analyze – When asked to analyse, you have to examine methodically the structure or nature of the topic by separating it into component parts and present them as a whole in a summary.
Structure of the Answer:
Introduction
Explain the context of the economic crisis brought by the COVID-19 pandemic.
Body
The lockdown in place to contain the spread of the COVID-19 pandemic has resulted in economic misery to a large section of the population. The migrant laborers have been adversely affected by the lockdown measures.
With almost 90% of India’s workforce in the informal sector without minimum wages or social security, the economic circumstances will be worse in India than compared to developed countries.
Explain slowing world growth, discuss the employment woes in the country and suggest how the idea of universal basic income can be of great help to tackle the situation.
Conclusion
Conclude with way forward.
