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Can Universal Basic Income Help Create an Equitable Society?

Can Universal Basic Income Help Create an Equitable Society?

Every country aspires to an equitable society. For most, however, income equality can seem like a utopian idea. The Scandinavian countries prove that an equitable society is not only theoretically plausible but also practically feasible as demonstrated by their Gini coefficients relative to the BRICS nations. The Nordic model, however, cannot be implemented in India, owing to population levels and per-capita income.