The guarantee of a minimum income to the poor can become a game changer in India if it is done along with the government’s active participation in providing the people with quality education and health services to stop people’s out of pocket expenditure (OOP) and to give private players a run for their money. The OOP expenditure acts as the quicksand to trap the victims into the cycle of poverty.
The government’s having the lion’s share of these two key sectors can rescue education and health from private hijackers. It is a much better option than providing the poor with just loans and insurance so that they can give ransom to the hijackers.
India is a welfare state. But the idea of welfare is held hostage as a large chunk of education and health services are allowed to be propelled only by profit motives of the market force.
Sujit De, Kolkata