Minimum Income Guarantee

A Minimum Income Guarantee is a social policy designed to ensure that all individuals have a basic level of income to meet essential needs like food, housing, and healthcare. If a person’s income falls below this standard, the government provides additional support to bridge the gap. The goal is to reduce poverty, promote economic stability, and ensure everyone can participate fully in society. This safety net helps protect vulnerable populations from financial hardship without discouraging work or effort.