NEW DELHI — The concept of a Universal Basic Income (UBI) has been around for hundreds of years. Recently, it has re-emerged as a potentially viable solution to poverty. UBI is a form of redistributive income given to citizens regardless of their existing income. It is controversial because of its debatable equitability. The opposition has voiced concerns about those who might need to receive government help above the amount distributed by the UBI.
As interest in Universal Basic Income increases and more research is done on the subject, a clearer picture of its merits and dangers appears. After India released […]
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