Can Monthly Cash Payments Make Our Economy More Equitable?

A dollar sign forms one of the columns of a stately building

From Sonali Kolhatkar / Yes! Magazine: Guaranteed income programs aim to reduce poverty by providing cash to those in need with no strings attached. One of these programs in New York City, The Bridge Project, focuses on helping women of color who are mothers.

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From Sunil Jain / The Financial Express: SEWA-INBI pilots a basic universal income program for two villages in Madhya Pradesh. These funds enabled residents to pay for facilities and electricity in their homes, buy better cooking fuel, increase the weight...

From Dimitri Selibas / ENSIA: Guatemala’s reforestation programs pay farmers to keep their lands forested instead of clearing them for farming. The annual $380 payment each participant receives for 5 to 10 years comes from the general taxes collected by...

From Deepali Khanna / Forbes: India’s Governmental program MUDRA Yojana sets up small loans to microentrepreneurs. Combined with SEMA (Self-Employed Women’s Association), the aim is to bolster growth of women entrepreneurs, reduce poverty, and increase the number of women entrepreneurs...

From Kelsey Piper / Vox: Mobile banking in Kenya has increased economic mobility for families living in poverty. The mobile money system is not connected to bank accounts, making it accessible to the overwhelming majority of Kenyans who don’t have...

From The Nation: A guaranteed income program in Nigeria is helping recipients build businesses, expand existing ones, and build equity. Click here to read the original story. Read more original stories on income programs.

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Luisa Fernanda Bacca Benavides is a Colombian lawyer specializing in human rights. She has over seven years of experience within the United Nations system, where she has developed strategies to prevent internal displacement and protect the territorial rights of indigenous...

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