Universal Basic Income (UBI) drishtiias.com/printpdf/universal-basic-income-ubi

Universal Basic Income is a radical and compelling paradigm shift in thinking about both social justice and a productive economy.

UBI is premised on the idea that a just society needs to guarantee to each individual a minimum income which they can count on, and which provides the necessary material foundation for a life with access to basic goods and a life of dignity.

What Is Universal Basic Income?A basic income is a regular, periodic cash payment delivered unconditionally to all citizens on an individual basis, without the requirement of work or willingness to work. UBI has three components: universality (all […]

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