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Universal Basic Income

Display limited to ‘ Universal Basic Income ‘ in document titles and meta descriptions. Display In Whole Documents or use the calendar above to adjust the date setting. 2017-01-30 08:49 The Courier.co.uk Universal basic income could be tested in Fife within three years … +
Fifers could be paid a basic income in the next two to three years under a pilot of a radical alternative to the current welfare system. An area of the kingdom could be used as a test for the system, which would see everyone paid a flat sum by the governm… 2017-01-29 20:25 […]

Basic income – real social security

Basic income – real social security

Citizen’s Basic Income Network Scotland (CBINS) launch event in Kelty, Fife

Fife Council is embarking on a pilot study to test out the concept of a Citizen’s Basic Income (CBI) and this was a public engagement meeting to gather citizens’ input at the start of that process along with keynote speakers from academia, political parties and the Citizen’s Basic Income Network Scotland , who were hosting this event at the brand new Kelty Community Centre in Fife. We livestreamed the whole event and can present the content of the morning and afternoon sessions in full spread across the 16 […]

FRANCE: Hamon becomes Socialist Party presidential candidate following basic income-focused campaign

The French Socialist Party has elected a pro-basic income politician, Benoît Hamon, as its candidate for the presidential election this spring.

Benoît Hamon, the left-wing politician who has gained considerable media attention in recent months for his basic income proposal, has won the Socialist Party presidential nomination. He comfortably beat rival and former prime minister Manuel Valls by 58.9% to 41.1%, after his surprise win in the first round .

“Universal basic income is a tool to liberate work, allowing people to actually choose their work and not suffer from it” Hamon declared yesterday in his speech to supporters after […]

INDIA: Ajit Ranade, “From NREGA to universal basic income”

(Credit to: THe Freepress Journal) Anjit Ranade, senior economist based in Mumbai, writes in The Free Press Journal that a direct universal cash benefit “can replace ill-targeted subsidies on cooking gas, fertiliser and food grain,” under India’s current welfare system.

4.2% of India’s Gross Domestic Product (GDP) is spent on subsidies: electricity, fertilizer, food, oil, rail, and water. Many of the subsidies do not make their way to the purported beneficiaries because they are untargeted. Ranade reports, targeted subsidies can use the subsidies better.

Vijay Roshi , Reader in Economics at Oxford University, is an early supporter of UBI for […]

Budget 2017-18 may look to soften note ban woes by tax relief

Budget 2017-18 may look to soften note ban woes by tax relief

Finance Minister Arun Jaitley. (Photo: PTI) New Delhi: Finance Minister Arun Jaitley will on Wednesday present his fourth and perhaps the most challenging Budget that may look to soften blow of currency ban with tax and other sops as he seeks to revive growth.

While largely sticking to fiscal consolidation roadmap, Jaitley will present the Budget for 2017-18 amid strong headwinds caused by government decision to invalidate 86 per cent of the currency and the newly elected US President making protectionist noises.

Topping the list of sweeteners could be the hike in Income Tax exemption limit to Rs 3 lakh from […]

What full employment really means

What full employment really means

IN 1977 America’s government gave the Federal Reserve what seems like a straightforward goal: maximum employment. Janet Yellen, the current chairman of the Fed, thinks America is pretty close; at 4.7%, the unemployment rate is quite low by historical standards. But firms continue to hire, and American adults, of whom only about 69% have a job, seem less than maximally employed. Most governments set themselves or their central banks a guideline of full or maximum employment. But what exactly counts as full? Ms Yellen has a particular definition of maximum employment in mind, built on the economic experience of […]

Socialist clash: ‘utopian’ Hamon takes on ‘fighter’ Valls

Socialist clash: ‘utopian’ Hamon takes on ‘fighter’ Valls

PARIS: France’s Socialists face a stark choice in Sunday’s presidential primary between diehard leftist Benoit Hamon and reformist ex-prime minister Manuel Valls.

Hamon, the surprise winner of the first round of the Socialists’ primary last weekend, has wooed voters with his staunchly leftist proposals, notably the idea of a universal basic income, dismissed as a "mirage" by Valls.

He also wants to legalise marijuana and tax robots that replace workers.The 49-year-old Hamon, round-faced with a schoolboy haircut, has a crowd-pleasing eagerness that contrasts with the square-jawed assertiveness of Valls, 54, who was interior minister before becoming premier.Hamon joined a rebellion against […]

Exclusive: Why I fear Union Budget 2017? Yogendra Yadav writes for Firstpost

Exclusive: Why I fear Union Budget 2017? Yogendra Yadav writes for Firstpost

I fear this budget . I fear that Finance Minister Arun Jaitley might announce an idea that I have liked and advocated: The idea of a Universal Basic Income. I fear it because Jaitley may use this label to justify something quite the opposite. In the process, he might ruin a good idea.

Straws in the wind indicate that he might try something to this effect. Demonetisation was part of a grand political design of Garibi Hatao , version 2.0. The idea was to give a nicely wrapped gift to all the poor and engineer an enduring realignment of poor […]

Universal basic income could be tested in Fife within three years

Universal basic income could be tested in Fife within three years

Alex Rowley speaks at Saturday’s event. Fifers could be paid a basic income in the next two to three years under a pilot of a radical alternative to the current welfare system.

An area of the kingdom could be used as a test for the system, which would see everyone paid a flat sum by the government.

The pay out would be enough for the basic essentials of life.Extensive discussions have already been held with the Scottish and UK governments about the pilot and Fife Council depute leader Councillor Lesley Laird said there was political will to make it happen.At a […]

Automation May Curtail Employment Opportunities in the Future

Automation May Curtail Employment Opportunities in the Future

While we Indians are trying to embrace a cashless society, standing on the verge of digitisation and the Fourth Industrial Revolution, there happen to be some pitfalls that we cannot possibly ignore.

The Digital age has ushered in a lot of new ideas and concepts such as artificial intelligence , machine learning, and robotics process automation into the world of jobs and recruitment, which has redefined the way hiring is carried out. Img. Src. LinkedIn At the recently held event Seventh Foundation Day Lecture in ICFAI Foundation for Higher Education, Former Reserve Bank Governor, C Rangarajan cautioned that automation a […]