FOCUS: Basic-income proposal by Suga adviser may be hard sell in Japan

The idea of Japan introducing a universal basic income, recently floated by one of Prime Minister Yoshihide Suga’s economic advisers, has caught the eye at a time when the coronavirus pandemic is stirring worries about job security and social inequality. In the past, some opposition parties have pledged to study fixed cash payments for low-income individuals, but economists say the public is paying more attention this time as the proposal came from Heizo Takenaka, a member of the Suga administration’s growth strategy panel. Takenaka’s call for a universal basic income in media interviews also …

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HEDGE accordingly