Category: Basic Income

Dr. Helena Jaczek the Ontario Minister of Community and Social Services addresses about 70 people at a public consultation for the basic income pilot project at the University of Windsor’s Vanier Hall Monday night.
This is the thirteenth of 14 public consultations into the idea providing a payment to individuals and families to make sure everyone has a minimum level of income. (Photo by David Lafreniere)

A representative of the Ontario government was in Windsor Monday night for continued public consultation into the idea of a cash transfer for low and no income people with no strings attached.
The idea of […]

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Written by: Michael A. Lewis

Silberman School of Social Work at Hunter College

Back in the 1990s, I co-founded a group of academics and activists (some were both) called United States Basic Income Guarantee Network (USBIG). Since then, I’ve written a number of papers, book chapters, and other things in which I’ve argued for a basic income. I’ve also taught public policy courses where we’ve discussed this idea. Having been at this now for about twenty years, I’ve found that those skeptical about a basic income typically raise at least one of four objections: a basic income is […]

Full Post at basicincome.org

(Brent Lewin/Bloomberg via Getty Images)

Londoners have had their say on a basic income pilot project for Ontario.

The Wynne Liberals 14-city tour wrapped in London Tuesday night. Minister of Community and Social Services Helena Jaczek has been touring the province, holding public consultations talking about how the proposed pilot project should run, who should participate and how it will be monitored.One of the priorities on Mayor Matt Brown’s poverty panel was to have London serve as a test market for the pilot project.However, Jaczek told AM980 London may be too big for the pilot project.“Certainly location is something that we’ll […]

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Indian Finance Minister, Arun Jaitley speaks during the annual Hindustan Times "Leadership Summit" conference in New Delhi on December 2, 2016. / AFP PHOTO / CHANDAN KHANNA New Delhi : The most important idea thrown up in the Economic Survey tabled by Finance Minister Arun Jaitley in the Lok Sabha on the opening day of Parliament’s budget session on Tuesday is the revolutionary concept of the Universal Basic Income (UBI) to put a fixed amount of money in the hands of every poor, withdrawing all 950 and odd social welfare schemes.

The idea never tried ever anywhere in the world […]

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Globally, the concept of a universal basic income, or UBI, is seen as a non-targeted provision in addition to existing services in health, nutrition, education and so on, but in India much of the talk around it is also directed at attacking “wasteful subsidies” and even the food security programme and the employment guarantee programme.

THERE is a lot of buzz globally around the idea of a Universal Basic Income (UBI). It is perceived as one way of coping with technology-induced unemployment that is projected to grow significantly in the near future as well as reducing inequalities and increasing […]

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(Photos: Sneh Singh) Sarath Davala has a strong opinion about public welfare. “The public welfare regime in India,” he says, “is an exercise in futility.” Some $20 billion (or about Rs 1.3 trillion) goes into the PDS for providing grain to the needy, and some Rs 50,000 crore into NREGA, a scheme that guarantees 100 days of work in rural areas. That’s Rs 1.35 trillion in all, of which he estimates that at least 40 percent is “lost in transmission”. That’s more than half a trillion rupees defalcated by the ‘system’. It’s far better, Davala thinks, if the government […]

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The program would cost the government little and go a long way to eradicating poverty, according to the study. | Photo: Reuters The concept of a universal basic income, in which citizens are given a monthly lump sum, is gaining traction. Even Gandhi would like the idea, says the new Indian report. A new government study strongly suggests that India implement a universal basic income, claiming it could nearly eradicate poverty and modernize the teachings of Mahatma Gandhi.India’s Economic Study for 2016-2017 devotes 41 pages to justifying why UBI “is a powerful idea […]

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Universal basic income will replace multiple welfare payments, if it is proposed in Union Budget 2017. The idea of providing Indians with a universal basic income is being seriously explored by the Narendra Modi government, it was revealed less than a day before Union budget 2017 is due to be presented in Parliament. Arvind Subramanian, the chief economic advisor at the Ministry of Finance, said while presenting the government’s annual survey of the Indian economy on Tuesday that there was a strong case in India for replacing multiple welfare payments with a single income.

“It’s an idea whose time is […]

Full Post at www.inuth.com

Union finance minister Arun Jaitley on Tuesday tabled the Economic Survey 2016-17 in Parliament budget session.

The survey projects the economy to grow in the range of 6.75% to 7.25% in the next fiscal year 2017-18 in the post-demonetisation year.

The survey prepared by chief economic adviser in the finance ministry Arvind Subramanian said the adverse impact of demonetisation on GDP growth will be transitional.The Economic Survey 2016-17 advocates the concept of Universal Basic Income (UBI) as an alternative to the various social welfare schemes in an effort to reduce poverty.The shock demonetisation will shave off a good 0.5 percentage point […]

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"The key merit of it is that it has the potential to improve the weak targeting of current schemes… that reach more people in areas where they are least needed. Advantage of UBI is we can get around this" Arvind Subramanian, CEA. New Delhi, January 31.and more » –

FILE – A homeless Indian reads the newspaper before sunrise in the old city area of New Delhi, India, Wednesday, Feb. 11, 2015. Some 800 million people in the country live in poverty, many of them migrating to big cities in search of a livelihood. Share.and more » – […]

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