Monday, March 25, 2019

UBI announcement by INC

Today INC announced plan for their version of UBI. Regardless of my personal opinion on such things, I was pleasantly surprised to read this interview in Caravan which gives some background to the announcement. It is an interview with Abhijeet Banerjee and suggests that there was some discussion with people who have been involved with such thing earlier. Now that such an announcement has been made, it will be interesting to see how things shape and if this proposal sees light of the day. 
Long time back, I used to wish there was some scheme/entrance test where you will get some pre defined small amount which is not sufficient to make you rich but let you not worry much about day to day life so that you can focus on doing things you enjoy. My thinking has evolved changed - not sure for better or worse - and no longer wish for such option but when I think about it, I think I was thinking about something similar to UBI. Interesting times ahead.