Featured Image Context: The concept of Universal Basic Income (UBI) has gained momentum globally, especially as automation and AI-driven technological advancements have led to jobless growth. What is Meant by Universal Basic Income (UBI)?
It is a form of guaranteed income where every citizen or resident of a country is provided with a fixed, unconditional amount of money on a regular basis, regardless of any other income they may earn. Advantages of Universal Basic Income (UBI)
Improved Targeting of the Poor: UBI eliminates exclusion errors, ensuring no poor citizen is left out of welfare benefits. It ensures marginalised communities […]
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