PSM urges gov't to implement universal basic income-type programme

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Parti Sosialis Malaysia (PSM) president Dr Michael Jeyakumar said the Perikatan Nasional (PN) government appears ready to spend money to boost the economy in the midst of the Covid-19 pandemic but it needs to do so effectively in order to help everyone in the country. He suggested one of the ways the government could achieve this was by providing a modified universal basic income (UBI) to anyone who does not currently have a source of income. “For PSM, we see UBI as a concept that can be utilised to address a problem that we are going to face because of the recession that is going to happen in Malaysia. “Whatever happens, we must make sure that no one in Malaysia goes hungry. That means every family must have an income. If they do not have work, then the government must make sure they can get some income to buy food. “We propose a modified UBI, where people who are currently emplo…