Comment by harigov

In other developed countries, I think universal basic income makes sense, but not in the case of India. India has several systemic problems and a significant portion of the population has little to no education. Any income that can sustain a household without any pressure to grow as people will probably hinder their progress more so than help them. For a country with no lack of problems to solve, they are much better off to incentivize people to learn, teach or do charity than to just hand over some money for being citizens. Similarly, I am of the opinion that India is better off spending that money by identifying all the organizational systems that it lacks like waste processing, water purification, security, monitoring, etc., and funding several startups in those areas. This is similar to how YC funds startups so it is using market forces to solve systemic problems without resorting to centralized planning and execution.