The idea of a universal basic income has already become a major debate all around the world, including the United States.
Stockton is a city outside of Silicon Valley that is testing a universal basic income trial program to a group of its low-income residents in a pilot version of universal basic income.
Universal basic income is a policy that gives all people a set amount of benefits without requirements or stipulations. After a brief stint of popularity in the 1970s, the idea has resurged in the public interest, with backers including innovators Elon Musk and Mark Zuckerberg, union leader Andy Stern, and even libertarian Charles Murray.
Basic income in India refers to the debate and practical experiments with universal basic income (UBI) in India.
Several scholars around the globe, including Guy Standing and Pranab Bardhan, have expressed strong support of the implementation of UBI as an alternative to corrupt and ineffective existing social programs in India.
Organizations like the Self Employed Women’s Association (SEWA) and UNICEF have backed the proposal by launching the 2010 UBI pilot program in Madhya Pradesh, India.
In January 2017, the Nordic nation began paying a random but mandatory sample of 2,000 unemployed people aged 25 to 58 a monthly €560.
There is no obligation either to seek or accept employment during the two years the trial lasts, and any who do take a job will continue to receive the same amount.
A full-scale universal income trial would need to study different target groups, not just the unemployed. It would have to test different basic income levels, look at local factors.
This is really about seeing how a basic unconditional income affects the employment of unemployed people.