Think about it, what if your government gives you free ₹1000. Every single month without any condition or proof. And not only to you but to every citizen in the country. This may sound crazy but it's actually a very serious idea / economic policy in the process of being implemented in some parts of the world. It's called Universal Basic Income. In this video, see how it works, it's pros and cons and what would be the consequences of such a scheme
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0:00 What is Basic Income?
1:08 Why Basic Income?
4:27 Positive Arguments
6:27 Negative Arguments
11:48 Real Life Experiments of UBI
15:46 Where will Money Come From?
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