Minimum Basic Income in India UPSC IAS The Hindu PCS
Minimum Basic Income in India | UPSC IAS
Recently , there have been calls for introduction of Minimum Basic Income (MBI) in the India. The Minimum Basic Income is a social welfare system that guarantees a basic income to households, provided they meet certain conditions. This is different from Universal Basic Income (UBI) scheme , which is a periodic, unconditional cash transfer to all citizens on individual basis, without means-test or work requirement. To that extent, the Minimum Basic Income is a conditional UBI or a quasi […]
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