Universal basic income (UBI) schemes are often dismissed as being too expensive to implement on a large scale, but several cities are trying them out among small subsets of their populations. Giving people even a small financial leg up can go a long way towards bridging the gap between surviving and thriving. The biggest guaranteed income pilot in the US is currently underway in Chicago , where 500 families are receiving $500 per month, with no strings attached, for 12 months.
A far bigger UBI trial will be launching in India later this year. Announced last week by finance minister […]
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