From left: Stephanie, Suryamayi, Inge and Lakshay at the 19th World Basic IncomeUniversal Basic Income (UBI) is a model for providing all citizens with a guaranteed cash allocation, regardless of their income, resources or employment status. The idea has been around for a long time but it has received renewed attention in the past 20 years because its proponents believe it can ameliorate the effects, which are being experienced in many nations, of poverty, growing inequality and the prospect of unemployment due to increased automation.
Several countries, including Canada, Finland and Namibia, have carried out local or regional experiments with basic income or related welfare systems. In India, the Economic Survey of 2016-17 stated 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”, and before the recent General Electio...
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