[Feature] Basic income experiments gain momentum

In April, Ahn Hyo-bin, a young professional living in Gwangju, Gyeonggi Province, received 250,000 won ($212) from the provincial government because he was 24 years old. Nothing else was required for him to claim the benefit.

Ahn is one of the first recipients of the “Youth Basic Income” — 1 million won given to every 24-year-old citizen of Gyeonggi Province over the course of a year.

“It is not a lot of money, but it helps me feel more stable emotionally,” Ahn said, adding he uses the money to buy food mostly.Receiving 250,000 won a quarter is a far cry from […]

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