Explained: How Rahul Gandhi’s minimum income guarantee is different from universal basic income

Explained: How Rahul Gandhi's minimum income guarantee is different from universal basic income

The most popular version of universal basic income is one where every single citizen of a country — regardless of her social, educational or economic standing — gets a guaranteed monthly income The threat of automation and the widening divide between the rich and the poor have pushed the world to consider different income redistribution concepts in the past few years. And one of the concepts that has received the most attention is the idea of a universal basic income, or UBI.

Until a few years ago, UBI — the idea that government guarantee a fixed monthly income to every […]

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