Jan 4, 2017
Indian government to endorse universal basic income ‘as way forward’, says leading UBI advocate
Posted by Dan Kummer in categories: economics, government
India is going to endorse a Universal Basic Income (UBI), according to a leading advocate of the system.
The world’s largest democracy will release a report in January stating that UBI is “basically the way forward,” according to Professor Guy Standing, who has worked on universal income pilot projects in India.
If implemented, India would join Finland in providing free money to citizens.