Living Wage, Inflation and Guaranteed Minimum Income

Suppose we want less traffic on the roads:

We could reduce the need for private cars if the taxi drivers were paid a guaranteed basic income so people use taxis instead.

The concept can easily  be expanded to shared taxis, mini-buses and any other type of public transport.

It is easier to sell the idea if it is not treated as a subsidy but as a saving on needless infrastructure of roads - which also frees a lot space which could be better used for various public purposes.

We also want a comfortable society.

I am not comfortable when I see people struggling to survive. I cope with it by avoidance. There is nothing I can do as an individual that will help.  Donating or giving to charity makes me feel even worse.

I would love to see a living wage implemented even in India. 

We want to see a brighter future. We need peace and a low inflation.

If the wages of the workers in supermarkets, coffee shops, Udipi's,  child care centers, house hold workers, etc. are to be living wages, then the prices will increase.

Suppose instead each of these persons gets a minimum income. How much do they need to be paid? 

Depending on the nature of the work, we may actually be able to lower the prices. I can imagine a person having to clean toilets having to be paid even more than now while a child care worker may well even volunteer for just the pleasure of being surrounded by little children - esp grandparents whose children live far away :)

I wonder what has happened to minimum income programs for the common good -

"Barack Obama, in a reflective speech in South Africa, mused that basic income would figure prominently in the years ahead, and prominent corporate folk endorsed it again, including Mark Zuckerberg and Elon Musk."

This was in 2019. I hope the support of Elon Musk still holds. At least it did in 2021 as well.