India Considers Universal Basic Income to Eradicate Poverty

India Considers Universal Basic Income to Eradicate Poverty

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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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