本帖最后由 choi 于 4-10-2019 14:44 编辑
There is no need to read the rest of text.
(1) Welfare in India | The Beauty of Breadth. Indian politicians are promising more cash for the poor. They should be less selective. (in the Leaders section, serving as an introduction to a more detailed article inside).
https://www.economist.com/leader ... erty-plan-for-india
Quote:
"GOOD KING WENCESLAS thought of the poor when the weather turned cold. Election season has the same effect on India's politicians. With national polls looming in April and May, the two main political parties [Modi's BJP and Congress Party] are competing to shower money on the indigent. * * * India has about 50m people living in extreme poverty, according to the World Poverty Clock, an Austrian research project. * * * Yet India's safety-net is both immensely complicated, with over 950 centrally funded schemes and subsidies, and stingy. Old people protested in the capital last year, complaining that the central-government pension of 200 rupees ($3) a month has been frozen since 2007. Much of the money spent on welfare never gets to the poor. Numerous subsidies for fertiliser, power, water and so forth are snaffled by better-off farmers or go into officials' pockets. A large rural employment scheme does mostly reach poor people, since nobody else is prepared to dig ditches all day under the hot sun. But it is expensive to run and prevents participants from doing any other work. A study carried out in Bihar, a poor state, by the World Bank estimated that you could cut poverty at least as much by taking the money for the scheme and dividing it among the entire population, whether poor or not.
"Distributing cash is cheaper than handing out jobs or food, and allows poor people to buy whatever they need. As bank accounts spread and India's biometric ID system matures, it should be possible to curb fraud and theft. * * * Targeting welfare is costly and difficult in a country like India. How is the state supposed to identify the poorest 50m households in a country where income and spending are so hard to track? * * * The political economy if targeted schemes is also tricky. In countries with minimal welfare states, schemes with few beneficiaries also have fewer supporters, and therefore risk being quietly wound down or diminished by inflation. And any formula used to target the bottom 20% is likely to be so opaque that people will never know whether they should have been included or not, so cannot fight for their entitlements. * * * As Amartya Sen, an Indian economist [and the 1998 Nobel laureate in economy; 1933- ; with Harvard since 1987 but currently on sabbatical leave], put it, benefits that go only to the poor often end up being poor benefits.
"Two years ago a government report [Economic Survey 2016-17. Ministry of Finance, India, January 2017] suggested a bold new approach. Instead of universal basic income -- an idea doing the rounds in rich countries -- create a nearly (this is the key word] universal scheme from which you exclude the richest quarter of the population. They are easier (and therefore cheaper) to spot than the poorest. The report estimated that poverty could be virtually eradicated at a cost of 5% of GDP -- just about the same as the combined cost of the existing schemes and subsidies.
Note:
(a)
(i) Good King Wenceslas
https://en.wikipedia.org/wiki/Good_King_Wenceslas
(a Christmas carol; "The legend is based on the life of the historical Saint Wenceslaus I [spelling in English], Duke of Bohemia or Svatý Václav in Czech [language] (907–935)
(ii) Wenceslaus
https://en.wikipedia.org/wiki/Wenceslaus
(iii) Wenceslas
https://www.merriam-webster.com/dictionary/Wenceslas
was a different one with the same last name, but one may learn its English pronunciation.
(b)
(i)
(A) snaffle (n and v; Did You Know?)
https://www.merriam-webster.com/dictionary/snaffle
(B) As you may suspect, all definitions (including "bit by bit") of "bit "as a noun came from "bite."
https://www.merriam-webster.com/dictionary/bit
(ii) snaffle bit
https://en.wikipedia.org/wiki/Snaffle_bit
(not necessarily jointed)
|