Sikkim is set to become first Indian state to roll out Universal Basic Income (UBI)
The Sikkim Democratic Front (SDF) ruled government has recently decided to include UBI in its manifesto ahead of 2019 state assembly polls and aims to implement the scheme by 2022. If everything goes according to the plan, it will be the Indian first state to roll out UBI scheme aimed at providing a fixed monthly income to residents irrespective of their economic, social status. The Universal Basic Income (UBI) is a programme for providing all citizens of a country or other geographic area/state with a given sum of money, regardless of their income, resources or employment status. The main idea behind UBI is to prevent or reduce poverty and promote equality among citizens. As per Basic Income Earth Network (BIEN), the essential principle behind UBI is the idea that all citizens are entitled to a livable income, irrespective of the circumstances they’re born in.
Category: Government Schemes Current Affairs
|View All E-Books: Recent Release|