We attempted a survey of UBI to understand the ideology and the theory underlying the UBI scheme and assessing the feasibility of implementing it in India. The paper started with a discussion of the origin of the concept and examined the background in which the UBI is being discussed in India today. The authors then highlighted various such UBI or quasi - UBI programs, which have already been implemented or are about to be implemented in different parts of the world. After discussing probable benefits of UBI, we raised several pertinent questions about its feasibility from multiple dimensions. The paper also delineated the results of UBI or quasi-UBI schemes wherever these have been implemented based on the conclusions of various researchers. In the absence of any concrete conclusions derived about the feasibility of such schemes, we forwarded our suggestions regarding UBI and various aspects related to it based on our understanding and deduction. We right away opposed the implementation of the UBI scheme merely as a political gimmick. Even if there is an imperative to implement such a scheme, it should have conditional implementation. We firmly believe that high growth and employment generation cannot be substituted on a permanent basis by UBI type programs in addressing pertinent economic problems.

1. Banerjee, A., Niehaus, P., & Suri, T. (2019). Universal basic income in the developing world. Retrieved from <a href=http://www.economics.mit.edu/files/16000 target="_blank">http://www.economics.mit.edu/files/16000</a>
2. Bregman, R. (2013, December 24). Why we should give free money to everyone. De Correspondent. Retrieved from <a href=http://www.thecorrespondent.com/541/why-we-should-give-free-money-to-everyone/20798745-cb9fbb39 target="_blank">http://www.thecorrespondent.com/541/why-we-should-give-free-money-to-everyone/20798745-cb9fbb39</a>
3. Ghatak, M., & Maniquet, F. (2019). Universal basic income : Some theoretical aspects. Annual Review of Economics, 11, 895 - 928.
4. Government of India, Ministry of Finance, Department of Economic Affairs, Economic Division. (2017). Economic survey 2016 - 17. Retrieved from <a href=http://www.thehinducentre.com/multimedia/archive/03193/Economic_Survey_20_3193543a.pdf target="_blank">http://www.thehinducentre.com/multimedia/archive/03193/Economic_Survey_20_3193543a.pdf</a>
5. Kaul, V. (2019, March 29). Busting five concerns about Congress' NYAY. Mint, p.8.
6. Maira, A. (2019, February 27). Good jobs, not UBI, are needed for a good society. Mint, p. 15.
7. Mander, H. (2019, April 12). Why income transfers are not enough. Indian Express, p. 11.
8. Mathew, L. (2019, October 6). Sikkim says it will become first state to roll out universal basic income. The Indian Express. Retrieved from <a href=https://indianexpress.com/article/india/sikkim-says-it-will-become-first-state-to-roll-out-universal-basic-income-5531093/ target="_blank">https://indianexpress.com/article/india/sikkim-says-it-will-become-first-state-to-roll-out-universal-basic-income-5531093/</a>
9. Mishra, A. R. (2019, March 28). How the idea of universal basic income gained currency in India's political discourse. Mint, p.17.
10. Rajadhyaksha, N. (2019, January 30). Guaranteed basic income is not a solution to mass poverty. Mint, p. 17.
11. Rajagopalan, S. (2019, February 9). UBI is actually universally botched by Indians. Mint, p.14.
12. Ranade, A. (2019, April, 9). Income transfers meet Gandhian and Rawlsian ideals. Mint, p.14.
13. Roy, R., & Kelkar, V. (2019). UBI : Policy brief. Retrieved from <a href=http://www.puneinternationalcentre.org/wp-content/uploads/2019/04/UBI-Policy-Brief-Dr-Rathin-Roy-Dr-Vijay-Kelkar.pdf target="_blank">http://www.puneinternationalcentre.org/wp-content/uploads/2019/04/UBI-Policy-Brief-Dr-Rathin-Roy-Dr-Vijay-Kelkar.pdf</a>
14. Saraogi, R. (2019, February, 25). Decay of capitalism and an elixir called universal basic income. Mint, p.13.
15. The Centre for Social Justice. (2018). Universal basic income: An effective policy for poverty reduction. Retrieved from <a href=https://www.centreforsocialjustice.org.uk/core/wp-content/.../CSJ_UBI_August-2018.pdf target="_blank">https://www.centreforsocialjustice.org.uk/core/wp-content/.../CSJ_UBI_August-2018.pdf</a>