By Nidhi Chugh Jan 31, 2019 11:00:00 AM IST (Updated)
The UBI is one of the most debated topics, not only in India but across the globe. Some developed countries, including the Scandinavian countries, are running pilots and may eventually make it a social welfare norm for the entire country.
Ahead of the General Elections 2019, Congress is batting for the implementation of the minimum guarantee scheme, theoretically known as the Universal Basic Income (UBI) scheme.
The UBI — the unconditional cash transfer system — requires the economy to be financially strong to fund the programme, making it the key reason for developed countries to have an upper hand in implementing the scheme.
The UBI is one of the most debated topics, not only in India but across the globe. Some developed countries, including the Scandinavian countries, are running pilots and may eventually make it a social welfare norm.