Back to News

India Should Start with ₹500 Basic Income Per Head, Says Guys Standing

March 04, 2019

India Should Start with ₹500 Basic Income Per Head, Says Guys Standing

Guy Standing, who is a co-founder of the Basic Income Earth Project and a well-known British Professorial Associate of Development Studies at the University of London said that all political parties must assess various models of guaranteed basic income. He said that India should start with a ₹500 monthly basic income per individual of a wider section of the population. 

Sharing an example, Standing said that India can try offering basic income support to the tribal families. He said that several of his studies have shown that when basic income is provided to tribal families, then it can make a huge difference.

Photo credit: Dr PS Sahana * Kadamtala Howrah on Visualhunt.com / CC BY

Consult a Career Advisor

Fill up the form to get in touch with us.

Recent Posts
Subsidies to Indian Farmers Much Lower in Contrast to Western Countries, Says Commerce Secretary
March 29, 2019
Transaction Monitoring Market to Grow 200% by 2023, Says Report
March 29, 2019
90% CAGR Growth Expected in Blockchain IoT Market, Could Reach 3,000 mn USD in 5 Years
March 29, 2019

Recommended for you ...

Subsidies to Indian Farmers Much Lower in Contrast to Western Countries, Says Commerce Secretary
Subsidies to Indian Farmers Much Lower in Contrast to Western Countries, Says Commerce Secretary

March 29, 2019

Transaction Monitoring Market to Grow 200% by 2023, Says Report
Transaction Monitoring Market to Grow 200% by 2023, Says Report

March 29, 2019

90% CAGR Growth Expected in Blockchain IoT Market, Could Reach 3,000 mn USD in 5 Years
90% CAGR Growth Expected in Blockchain IoT Market, Could Reach 3,000 mn USD in 5 Years

March 29, 2019

Chat on WhatsApp