{"id":313678,"date":"2024-10-18T18:10:49","date_gmt":"2024-10-18T12:40:49","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=313678"},"modified":"2024-10-18T18:10:49","modified_gmt":"2024-10-18T12:40:49","slug":"a-modified-ubi-may-be-more-feasible","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/a-modified-ubi-may-be-more-feasible\/","title":{"rendered":"A modified UBI may be more feasible"},"content":{"rendered":"<p><strong>News:<\/strong> <em>To ensure financial feasibility, a modified Universal Basic Income (UBI) policy may be adopted as foundation, which can be supplemented by other transfer policies like PM KISAN.<\/em><\/p>\n<p>1. Universal Basic Income (UBI): It is an income support mechanism where all (or a very large portion of population) receives a regular, unconditional (or largely unconditional) sum of money from government.<\/p>\n<p>2. Some of the intended benefits of UBI include: A) Poverty Alleviation B) Expanding Social Security Coverage C) Ensuring Financial Security<\/p>\n<p>3. While disadvantages associated with UBI include huge financial burden, potential inflationary pressures, reduced incentive to work.<\/p>\n<p>4. Countries like Iran and Mongolia have experimented with partial UBI in the past.<\/p>\n<p>5. Pradhan Mantri Kisan Samman Nidhi (PM-KISAN): It is a central sector scheme under which an income support of 6,000 per year, in three equal instalments, is provided to all landholding farmer families.<\/p>\n<p>6. This scheme is being administered by Ministry of Agriculture and Family Welfare.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>News: To ensure financial feasibility, a modified Universal Basic Income (UBI) policy may be adopted as foundation, which can be supplemented by other transfer policies like PM KISAN. 1. Universal Basic Income (UBI): It is an income support mechanism where all (or a very large portion of population) receives a regular, unconditional (or largely unconditional)&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/a-modified-ubi-may-be-more-feasible\/\">Continue reading <span class=\"screen-reader-text\">A modified UBI may be more feasible<\/span><\/a><\/p>\n","protected":false},"author":10384,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[12039],"tags":[],"class_list":["post-313678","post","type-post","status-publish","format-standard","hentry","category-knolls","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/313678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10384"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=313678"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/313678\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=313678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=313678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=313678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}