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CONCEPT OF UNIVERSAL BASIC INCOME IN INDIAN CONTEXT
1
Author(s):
SHIKHA GARG
Vol - 8, Issue- 5 ,
Page(s) : 21 - 26
(2017 )
DOI : https://doi.org/10.32804/IRJMST
Abstract
Universal basic income is an unconditional, periodic cash payment that the government makes to everyone. It is not based on means testing: A hedge fund manager and a homeless person receive the same amount. It has no strings attached, meaning it carries no requirements to work, attend school, receive vaccines, register for military service or vote. It is not paid in kind – housing, food – or in vouchers. It is a floor below which no one's cash income can fall. This paper examines the concept of universal basic income in Indian context.
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