Global Initiative for Universal Basic Income LaunchedIn a world marked by economic inequalities and uncertainties, the idea of universal basic income (UBI) has gained traction as a potential solution. Recently, a global initiative for UBI was launched, marking a significant step toward addressing the pressing issues of poverty and social inequality. In this article, we'll explore the concept of UBI, discuss the implications of this global initiative, and share personal reflections on the potential impact of such a program.Understanding Universal Basic IncomeWhat Is UBI?Universal basic income is a social welfare concept where all citizens, regardless of their economic status, receive regular, unconditional cash payments from the government to cover their basic needs.A Glimpse into the PastGrowing up, I often heard stories from my grandparents about the struggles they faced during economic downturns. Their experiences made me acutely aware of the importance of financial security.The Prom...