A probability has arisen for introduction of Universal basic Income Scheme in India. This will enhance the purchasing power of the masses for a limited period of time as no government can continue this scheme for an indefinite period of time. Once the scheme is withdrawn, the masses will be in a worse condition.
In an welfare state where the economy is developing, the government is to ensure that food, shelter, cloth, health and education is provided to all citizen specially to those who belong to the economically weaker section of the society. Government is to make necessary infrastructure so that potential of all human beings are utilised.
We are subsidising for creation of intellectual property of developed countries - We have IITs, IIMs, government is spending huge money in higher education to have doctors and engineers who qualify from these institutions to get jobs in developed countries. The other side picture is that all do not get basic education in spite of Right to Education Act. Physicians, coming out of our medical colleges, take care of health care system of developed countries, but our hospitals do not have sufficient number of physicians.
Government do not have any comprehensive scheme for providing the basic five needs of the people belonging to weaker section of the society. It should evolve a comprehensive plan for providing the basic five needs of the people belonging to weaker section of the society.
Government of India has introduced ‘Ayushman Bharat’ scheme to provide health insurance. It has own health insurance scheme named “Employees State Insurance Scheme’(ESIC). This “Ayushman Bharat scheme should have been introduced through ‘Employees State Insurance Scheme’. Another lacuna in the system of health care system is that the patient having ESIC Card is going to state government hospital for treatment whereas ESIC is having around Rs 50,000.00 crores as surplus fund. So the ESIC could have been revamped to give health care system to the people belonging to the weaker section of the society.
Faulty decisions of the government of India have deprived the people belonging to the weaker section of the society their basic needs of Food, Cloths, Shelter, Education and Health. Government of India failed to provide these basic needs of the people belonging to the weaker section of the society.
This ‘Universal Basic Income’ Scheme will act as a pain balm which will give temporary relief from pain. The cause of the pain will remain and the pain will relapse once the pain balm is withdrawn.