(Shutterstock)The concept of a universal basic income is now being debated seriously in the country, possibly escalated by the Economic Survey of 2017. Ideas of the basic income approach can be traced as far back as Kautilya’s era, discussed in Arthashastra between the 4th and 2nd centuries BCE. In present-day Britain, the Green Party of England and Wales, the Scottish National Party and the Scottish Green Party support citizens’ basic income. Although many believe that a guaranteed basic income might make some people lazy, partial results from Finland’s pilot did not find data to support this. However, this seems the closest the world has come to implementing UBI.

Source: The Telegraph April 09, 2019 11:03 UTC