Finland in Europe had undertaken the experiment of giving basic income to the unemployed people. Finland’s government had paid €560 ($616) a month to the unemployed people. It was the first nationwide experiment on basic income. You can read about the Universal Basic Income (UBI) – Necessity, Benefits, Guiding Principle in the given link.
Further readings:
- Difference between Minimum Income Guarantee (MIG) and Universal Basic Income (UBI)
- MGNREGA – Facts, Objectives, Roles of State Govt, Gram Sabhas, Panchayats
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