Is a universal basic income socialism?

Universal Basic Income (UBI) aspires to lean more towards a capitalist tenet of free market economy although the motivation for socialism resembles that of socialism. You can read about the Universal Basic Income (UBI) – Necessity, Benefits, Guiding Principle in the given link.

Further readings:

  1. Difference between Minimum Income Guarantee (MIG) and Universal Basic Income (UBI)
  2. MGNREGA – Facts, Objectives, Roles of State Govt, Gram Sabhas, Panchayats

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