Cash grants to the poor are better than many traditional forms of aid when it comes to reducing poverty. They are considered one of the fairest, most cost-effective and most impactful ways to alleviate poverty and stimulate economic growth. Cash transfers given directly to poor families will enable them to decide on the most effective ways for them to escape poverty.
Well, would GND become a law in the US? Very unlikely, at least in the near future, for it would need to pass the House and Senate and be signed by the president.
The key is accessibility of all to a basic income, without any ‘means’ test, which has been the bane of all social welfare schemes in India’s post-Aadhaar age.
Universal Basic Income will ensure that no one will sleep hungry. If properly implemented, abysmal poverty will be history. More importantly, Universal Basic Income will restore the human dignity of the poor who have to queue up and face awkward questions for each and every Government benefit they receive
The possibility of a universal basic income was widely discussed before the presentation of the union budget this year, and…
Union Finance Minister Arun Jaitley on Monday said that the idea of universal basic income mooted by the Economic Survey…
With some sections in the global economy pushing for universal basic income concept, NITI Aayog CEO Amitabh Kant on Wednesday…
