Basic Income Grant

A Basic Income Grant (BIG) is a financial payment provided by the government to all citizens, regardless of their income or employment status. The aim is to ensure a minimum standard of living, reduce poverty, and promote economic security. By giving individuals a regular amount of money, it allows them to cover essential needs like food, housing, and healthcare. BIG is often proposed as a solution to economic inequality and job displacement caused by automation. Its advocates believe it can empower people, fostering entrepreneurship and improving overall well-being in society.