Universal Basic Income has the potential to reduce economic inequality and reduce poverty. It has the potential to increase job growth rate as well as economic growth rate. You can read about the Universal Basic Income (UBI) – Necessity, Benefits, Guiding Principle in the given link.
- Difference between Minimum Income Guarantee (MIG) and Universal Basic Income (UBI)
- MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act) – Facts, Objectives, Roles of State Govt, Gram Sabhas, Panchayats