UNVERSAL BASIC INCOME (Syllabus: GS Paper 3 – Economy)

UNVERSAL BASIC INCOME (Syllabus: GS Paper 3 – Economy)

Booklet 3 Context : Recently, localized experiments with universal basic income (UBI) have yielded mostly positive results across states , reinforcing calls for social policy. The WorkFREE pilot project to provide support through UBI , a social policy in which people periodically receive minimum but unconditional cash support,

Universal Basic Income (UBI) Definition : UBI is a social welfare policy that provides all beneficiaries with a regular , unconditional transfer payment to guarantee a minimum income.

Objectives : To ensure that every citizen has enough income to cover essential needs like food, housing, and healthcare, with the overarching goal […]

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