Is Universal Basic Income A Good Idea?

Is Universal Basic Income A Good Idea?

The West is facing problems, long associated with poor countries…. Unemployment…. Yes, many citizens of USA, UK and other advanced countries, are losing jobs to automation, disruptive technologies and robotisation. The Governments of France and Finland are looking at a novel idea called universal basic income (UBI), to solve this problem. This is a scheme which guarantees every citizen of the country, a basic minimum income to support themselves.

Now, India is looking at this novel concept called universal basic income for an entirely different reason. A number of schemes are run by the Central Government, to give subsidies to […]

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