Universal Basic income can be considered to be a good idea. It can provide numerous economic benefits. It can protect people from lack of job security, low wages, and poor growth rate. You can read about the Universal Basic Income (UBI) – Necessity, Benefits, Guiding Principle, Pros & Cons in the given link.
Universal Basic Income can help in reducing school dropout rates and increasing jobs.
- 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