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Indian Government to Endorse a Universal Basic Income.

India ‘plans to give every citizen a universal basic income’

Just as Finland began its UBI trial this year, India has announced plans to follow through.

Universal Basic Income in India – a promising experience | degrowth.de Universal Basic Income: Indian Context In the Indian context, the criticism that basic income leads to a free-loader problem has been proved to be wrong by extensive evaluation of the pilot experiments conducted in rural India. In 2011, a pilot project called the ‘Madhya Pradesh Unconditional Cash Transfers Project (MPUCT)’ was launched in rural Madhya […]

Automation: Almost 50% of American jobs to dissappear

Automation: Almost 50% of American jobs to dissappear

Big Think | Aidan Quinn, Editor in Chief

A key platform for President Elect Donald Trump is to “bring the jobs back from China”. But what happens when the Chinese are already giving those jobs to machines? The jobs aren’t coming back:

One of the key drivers for Donald Trump’s shock victory during the U.S. election has been an anxiety about job security and the changes that the globalized economy has made across the globe. President Elect Trump capitalized on a ground-swell of dissatisfaction that middle-class Americans felt about stagnating wages and rapidly shrinking job opportunities, stoking anger […]

Finland Rolls Out Universal Basic Income

Finland Rolls Out Universal Basic Income

Finland is the first country to implement universal basic income scheme at a national level to reduce unemployment and poverty .

Universal basic income (UBI)—an unconditional weekly or monthly cash payment provided to every human being, without the requirement to work—is an emerging concept thanks to countries trialling the concept, like Finland and India .

Finland Is the First Country to Start Paying Basic Income On January 1, 2017, Finland became the first country in the world to pay a free basic income to randomly-picked citizens across the nation. The aim of the program is to improve citizens’ quality […]

Universal Basic Income Is Our Best Weapon Against The Rising Far Right

Universal Basic Income Is Our Best Weapon Against The Rising Far Right

Related Posts Per capita income of Indians to cross Rs 1 lakh in FY17 The Economic Times Home (Yesterday) – As per the ‘First Advance Estimates of National Income, 2016-17’ released by the Central Statistics Office, the per capita net national income during 2016-17 is "estimated to be Rs 103,007"…

Household income in Alabama’s poorest county is only $19,500 a year Real-Time News from Birmingham (Yesterday) – The median household income in the United States is $53,889 a year.The median household income in Alabama is lower – $43,623 a year.In Sumter County, Alabama, however, the median income…

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Finland to start basic income trial

Finland to start basic income trial

Biz News

Instead of continually talking about the concept, Finland has become the first country in Europe to trial a basic income plan, with 2,000 unemployed citizens chosen at random to take part in the social experiment. The Finnish government is hoping that the initiative will help to reduce government costs and red tape, as well as combat poverty and unemployment rates.

The two-year trial began on January 1, with all participants set to receive a flat rate of €560 (RM2,600) per month, with no obligations to reveal or record how this income is spent. However, the amount will be deducted […]

Ford CEO downplays Trump’s role in nixing Mexican plant, weighs in on tech, globalization and jobs

Ford CEO downplays Trump’s role in nixing Mexican plant, weighs in on tech, globalization and jobs

Alan Murray of Time Inc. interviews Ford CEO Mark Fields, Intel CEO Brian Krzanich and Flex CEO Mike McNamara at CES today. (GeekWire Photo / Todd Bishop) LAS VEGAS — Ford was the latest company to find itself in the spotlight over issues of jobs and globalization this week, as the automaker canceled plans for a Mexican factory that would have employed nearly 3,000 people.

President-elect Donald Trump is getting the blame, but Ford CEO Mark Fields, speaking today the Consumer Electronics Show, insisted that the company made the decision for its own r Ford CEO Mark Fields at CES […]

Smiths Falls town council won’t have ultimate sway on basic income pilot project’s location, says province

Smiths Falls town council won't have ultimate sway on basic income pilot project’s location, says province

Smiths Falls town council divided over the basic income pilot project. Smiths Falls Record News

Though the majority of Smiths Falls town council shut down the basic income pilot project within their chambers, the province said council’s opinion won’t be the only voice considered in their final decision on where the pilot will be launched.

And after council’s controversial decision there are now many voices in the mix.Residents and the mayor of Smiths Falls have fought back after council voted against sending a delegation to lobby on behalf of the town, to be part of the province’s basic income pilot project […]

Being open-minded about universal basic income

In a world riddled with complexity, the simplicity of universal basic income grants (BIGs) is alluring: just give everyone cash. Excerpts of such radical concepts have been put in practice across the globe, with the launch of a pilot in Kenya , results from India , a coalition in Namibia , an experiment in Finland , a pilot in the Unites States , a referendum in Switzerland , and the redistribution of dividends from natural resources in Alaska and elsewhere .

In high-income countries (HICs), the main rationale for BIGs is related to automation , artificial intelligence , stagnant real […]

WASHINGTON, DC, US: Basic Income action at Martin Luther King Memorial

WASHINGTON, DC, US: Basic Income action at Martin Luther King Memorial

On January 16 (Martin Luther King Jr. Day), American basic income activists will convene at the Martin Luther King Jr. Memorial in the nation’s capitol, where they will set up a multi-media display to commemorate King’s support for a guaranteed income. Source: Bob Fitch photography archive Organized by videographer and basic income advocate Matt Orfalea , the event is intended to raise awareness of Martin Luther King’s support for a guaranteed annual income. Renowned for his leadership in the Civil Rights Movement in the 1950s and 1960s, King also championed a guaranteed income for all Americans, especially in his […]

INDIA: NPO plans trial of universal, unconditional cash transfers

INDIA: NPO plans trial of universal, unconditional cash transfers

Cashrelief.org , a non-profit organization based in New Delhi, India, plans to launch a two-year cash transfer program in a poor village in India by April 1, 2017. Like a basic income, the transfers will be unconditional and available to all residents of the village.

Pilot Design

Cashrelief’s planned two-year pilot study will examine the effects of unconditional cash transfers in a poor village in India. The cash transfers will be set at an amount just above India’s poverty level of 972 rupees (about 14 USD) per month for an individual, and will be distributed to households. For […]