7 years ago
India Considers Fighting Poverty With a Universal Basic Income
India is looking at a radical idea for reducing poverty: free money for everyone—no strings attached. The Ministry of Finance’s annual survey of the economy, released Tuesday, explores how the country might replace its various welfare programs with a universal basic income, or a uniform stipend paid to every adult and child, poor or rich. Guaranteeing all citizens enough income to cover their basic needs would promote social justice...
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