Definition, Features, Advantages, and Disadvantages of Universal Basic Income (UBI)

The idea of universal basic income came in many centuries ago. It is a program in which adult citizens of the country are getting paid a set amount of money by the government, irrespective of their need to avoid poverty in the country. This feature of government has been there and functioning well in many countries. Countries like the United States, United Kingdom, Switzerland, Ukraine, etc., give their citizens this feature. In the current situation of COVID-19, many countries were not giving their citizens these benefits, but considering the situation, even countries like India started giving Universal Basic income. […]

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