Universal Basic income is a concept in which a certain amount of money government will provide annually to every citizen of the country. This concept is being adopted from European countries like norway.
UBI have several Benefit-
– ensure atleast a minimum income
– it is better then subsidies as the person can utilize this amount as per his choice. – allow poor person to think beyond daily firefighting- he can put its energy in something more valuable. – curb leakage, better targeting of people – policies implementation bottlenecks will get solved. – pull people out of poverty.Issue with […]
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