Govind Tekale
US states offer financial assistance to citizens for a comfortable life, a concept not widely practiced globally.
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Rochester, New York, launched the Guaranteed Basic Income (GBI) program in 2023.
The program provides $500 monthly for a year to eligible low-income residents.
351 residents of Rochester who meet specific criteria are eligible to apply.
The program imposes no labor requirements or spending restrictions.
Applicants must be 18 or older and live at or below 185% of the federal poverty level.
The GBI program aims to supplement existing social safety nets and promote racial and gender equity.
Other states, such as Los Angeles and Santa Fe, have similar programs with varying benefit amounts.
Guaranteed income programs provide financial security and stability to recipients.