India Is Thinking About Introducing Basic Income. Here Are Six Ways How It May Help Poor

India Is Thinking About Introducing Basic Income. Here Are Six Ways How It May Help Poor

Developed countries have been experimenting with the idea of a Universal Basic Income (UBI), which is defined by Basic Income Earth Network as, “A periodic cash payment unconditionally delivered to all on an individual basis, without means test or work requirement”. Financial express An ideal UBI is expected to have five core characteristics:

1. It is paid at regular intervals – either weekly or monthly.

2. It is paid in cash, so that people can decide what to do with the money. It is not given in the form of vouchers or services. Christian Today 3. It is […]

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