Context: Sikkim government has decided to introduce UBI and implement it by 2022.
About UBI: UBI is a minimum income (direct cash transfers) guaranteed by the state to every individual every month.
It is premised on the belief that every person should have a right to a basic income to cover their needs, just by virtue of being citizens. UBI is based on three principles: Unconditionality: Under UBI scheme a fixed amount of cash will be transferred in beneficiary’s bank account unconditionally. Universality: Under UBI, same amount will be transferred and it will be transferred in accounts of all […]
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