THOMAS Colson of Business Insider reports that the Indian government is set to endorse universal basic income. Professor Guy Standing, co-founder of Basic Income Earth Network or BIEN (which is Spanish for “good”) says “the Indian government finds the idea feasible and the best way forward.”
The idea is simple: a regular state payment made to all citizens regardless of age and working and civil status. It provides a safety net for all citizens by putting a little money in their pockets while doing away with useless bureaucracies and social agencies dispensing social aid selectively, pocketing a lot of it […]
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