Sikkim to give free money to residents: What is Universal Basic Income Scheme?

Sikkim to give free money to residents: What is Universal Basic Income Scheme?

Sikkim would likely become the first Indian state to roll out the Universal Basic Income (UBI) scheme aimed at providing a fixed monthly income to residents irrespective of their economic, social status.

The UBI scheme is a global concept aimed at reducing poverty and promoting equality in the society. The Sikkim Democratic Front (SDF) ruled government plans to implement UBI by 2022 if it is elected to power in the 2019 state assembly polls.

The Economic Survey of India 2017 had called the UBI scheme a sustainable alternative and a "conceptually appealing idea".SDF MP in Lok Sabha, Prem Das Rai, […]

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