India Considers Fighting Poverty With a Universal Basic Income

India is looking at a radical idea for reducing poverty: free money for everyone—no strings attached. The Ministry of Finance’s annual survey of the economy, released Tuesday, explores how the country might replace its various welfare programs with a universal basic income, or a uniform stipend paid to every adult and child, poor or rich. Guaranteeing all citizens enough income to cover their basic needs would promote social justice...
Read more: http://blogs.wsj.com/indiarealtime/2017/01/31/india-considers-fighting-poverty-with-a-universal-basic-income/?source=Snapzu