India Floats Universal Basic Income to Eradicate Poverty

India Floats Universal Basic Income to Eradicate Poverty

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. NEW DELHI —

In India, the government has unveiled a radical proposal to eliminate poverty – providing a universal basic income for all its citizens, while stressing that this is only a concept.

The idea was floated in the country’s just-released annual economic survey that said guaranteeing a stipend to cover every individual’s basic needs would […]

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