Universal Basic Income in India might be a reality soon!

Universal Basic Income in India might be a reality soon!

Everybody will get some money!

A Universal Basic Income is a form of social security in which all citizens of a country regularly receive an unconditional sum of money, in addition to any income received from elsewhere. Unconditional cash transfers may sound like a smart way to fight poverty. But questions remain over whether the country can afford it?

Editors at The Guardian believe that the 20th-century income distribution system has broken down irretrievably. You won’t have to prove you unemployment status to be eligible for the income. Globalization, technological change and the move to flexible labor markets has […]

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