India is attempting the biggest universal basic income experiment in history

India is attempting the biggest universal basic income experiment in history

The tiny state of Sikkim could make history very soon for hosting a massive economics experiment in providing each of its 610,000 citizens with a basic income.

This will be the largest basic income experiment ever carried out, the Washington Post reported .

A universal basic income is a routine assurance of a fixed income that the government guarantees to all its citizens, and unconditionally, through cash payments. These cash payments are aimed at replacing the dizzying array of financial assistance offered to citizens by state governments.If there’s one chance of it working somewhere, Sikkim is it, according to P.D. Rai, […]

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