Basic Income Guarantee (BIG)

Basic income guarantee is a form of social security in which all citizens or residents of a country receive a regular, unconditional sum of money, either from a government or some other public institution, independent of any other income.

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What is Basic Income Guarantee

Unconditional basic income is intended to more equitably allocate resources and provide greater opportunities for development, regardless of social status, age, gender. In its essence, this model allows a person to do what he wants in life, having the necessary and sufficient income for existence.

The BIG system is based on the theory of unconditional basic income, according to which every user of the system receives income without any conditions (for free). Since the development of the economy depends entirely on the purchasing power of the population, the introduction of basic income is aimed at increasing consumer demand and stimulating the growth of the economy in general.