The Indian Government could soon be following in Finland’s footstep for guaranteed basic income. According to reports on Business Insider and Bangalore Mirror , Government of India will be soon discussing a proposal of depositing a small monthly salary in their citizen’s bank account.
The idea is globally known as ‘Guaranteed Basic Income’, wherein the government or a public institution gives some amount of money to its residents, as a form of social security. The money is provided to a country’s citizen irrespective of his/her income level and employment status.
According to Professor Guy Standing, Arun Jaitley, the Finance Minister of […]
Full Post at www.patilpost.com