UNIVERSAL BASIC INCOME (UBI)

UNIVERSAL BASIC INCOME (UBI)

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The idea of Universal Basic Income keeps appearing in debate, however, there are various arguments surrounding it. What is Universal Basic Income (UBI)?

It is a form of cash transfer to every member of society without any conditions or criteria attached to it. Primary characteristics of UBI It is paid on an individual basis to every person regardless of social status or income.It is unconditional in nature.Payments are made on a regular basis to ensure a steady income flow. The transfer is designed in such a way that it […]