Context:
Localised experiments with Universal basic income (UBI) have shown mostly positive outcomes across states, strengthening calls in favour of the social policy.
Understanding Universal Basic Income (UBI) Principles of UBI Support : UBI involves unconditional, periodic cash transfers to individuals, letting them spend as per their needs. Addressing Concerns about UBI : Critics fear market distortions and dependency, but UBI’s efficacy in poverty alleviation is being evaluated. The WorkFREE Pilot : Implemented in Hyderabad, it supports 1,250 residents in slums, empowering them economically and offering insights into UBI’s impact. UBI’s Positive Impact on Beneficiaries Diverse Use of UBI: […]
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