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Economy

Universal Basic Income: Is it free money for everybody?

Updated : January 29, 2019 01:04 PM IST

The scheme is a form of social security through which citizens of a country or a particular region receive an unconditional sum of money on a regular basis from the government, regardless of how much they earn from other sources.
It is hailed as a progressive system and its proponents include billionaires Mark Zuckerberg, Elon Musk and Richard Branson.
Universal Basic Income: Is it free money for everybody?

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