UBI Scheme: Rs 2600 Berojgari Bhatta Per Month
UBI Scheme Online
Form to Apply for PM Narendra Modi Rs 2600 Berojgari Bhatta Per Month Universal
Basic Income (UBI) Scheme.
UBI Scheme is a dream project of PM Narendra Modi to give
suitable amount of money to those Unemployed persons who are jobless. UBI
stands for Universal Basic Income Scheme that have launched on trial purpose in
western and European countries (Netherland, France, Switzerland and Canada) but
many also rejected to take free money such countries are Australia, Germany. if
we convert it into Indian rupees of these countries than we found a sum of
rupees 50.000 to 70,000 per person getting in these countries (but they are
small in population or area).
PM Narendra Modi
introduced UBI Scheme in India and IMF (International Monetary Fund) suggested
to give rs.2600 to all India per person through method of cutting subsidy in
the field of food security and poor sector, which is impossible to any
political party. But in my opinion BPL, APL workers spent money below 3,000 on
power and Food (wheat, rice, kerosene) through ration card.
Important points:
RS 2600 transferred to every
bank account that are jobless.
Main benefits is he or she will
get this amount up to getting fully employed.
Universal Banking Scheme in
India may come in period of election 2018-19
Age limit to get involve in ubi
scheme India is starting from 18 years.
Advantage:
Poverty and vulnerability reduction
Individual could spend as per his/her choice
Better targeting of poor
Improvement in financial inclusion
reduce pressure of finding a basic living
Min Disadvantage
of UBI scheme is UBI, which will replace all other welfare schemes. By FICCI
survey has further suggested that the UBI amount would have to be revised from
time to time.
Spending on wasteful activities
Reduction in labor supply
Gender disparity induced by cash
Stress on the banking system
Fiscal cost given political economy of exit
Political economy
Exposure to market risks (cash vs. food).
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