Universal Basic Income

Universal Basic Income

Why in News

To deal with the economic inequality, unemployment and poverty created by the Covid-19 pandemic, many advocate Universal Basic Income (UBI) programme to be a solution. Key Points

In order to deal with the Covid-19 pandemic , the governments across the world have imposed measures like lockdown and social distancing. However, these measures have caused collateral damage to almost every sector of the economy, so much so that the International Monetary Fund held the current economic crisis could be the worst ever since the Great depression 1929. With almost 90% of India’s workforce in the informal […]

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