Translate

Sunday, April 07, 2019

Basic Income Experiment By Finland

After the Finnish government chose 2,000 unemployed citizens at random and gave them a check of 560 euros ($635) every month for two years ending last December, the recipients reported less stress than the control group. That was true even for recipients who felt they were still struggling to make ends meet, according to new findings released by Kela, a Finnish government agency. The recipients also reported that they felt more trust toward other people and social institutions — from political parties to the police to the courts — than they did before getting a basic income.

India should give it a try, starting with a small state like Kerala, and see where it takes.

No comments: