Fantastic ! Thanks Olivier for the link regarding this basic income project in India.
Reminds me of a similar project in Namibia
Unfortunatly the contination of the Namibian project seems to have been discouraged by certain institutions ( influence of international institutions ? - see excerpts below )
Ideally, I would like to see such project emerge while supporting alternative currencies - I imagine a regio type of currency, backed by the basic income - so that it further encourages local production and regional economic development, further vector of development and empowerment, avoiding money to get out of the system, and ideally also applying demurrage to the alternative currency ( and an exchange tax ) as to reduce hoarding / create further incentives for circulation of the currency within the local economy ...
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excerpt :
Despite this economic evidence by the BIG Coalition
and the arguments for the positive social and developmental impact of a BIG to curb the high and
unsustainable levels of poverty in Namibia, the IMF delegation made its opposition to the BIG clear.
The IMF insisted that it will continue to advise government accordingly. It thus is obvious that the IMF
entered the debate against the BIG on pure ideological grounds and not based on economic or social
considerations!