Explorer

Believe it or not! Swiss reject free salary

LAUSANNE: Swiss voters overwhelmingly rejected a proposal that would have guaranteed everyone in the Alpine nation an unconditional basic income, according to projections published Sunday by public broadcaster SRF1. The plan could have seen people in this wealthy nation of 8 million people receive about 2,500 Swiss francs ($2,560) per month — enough to cover their basic needs. Proponents argued that a basic income would free people from meaningless toil and allow them to pursue more productive or creative goals in life. Critics said the plan would explode the state budget and encourage idleness, arguments that appear to have convinced voters. ALSO READ:  Like Muhammad Ali, how many of our icons will take a punch for what they believe in? Based on a partial count of results from 19 Swiss cantons (states), the gfs.bern polling group calculated that 78 percent of voters opposed the measure against 22 percent in favor. The Swiss government itself advised voters to reject the proposal put forward by left-wing campaigners who collected the necessary 100,000 signatures to force a vote on the issue. ALSO READ: 17 Quotes That Prove Muhammad Ali Was The Greatest Star But the idea has won over some economists, who say it could replace traditional welfare payments and give everybody the same chances in life. Salaried workers who earned more than basic income would have received no extra money, while children would have received one-quarter of the total for adults. ALSO READ: Barack Obama pays heartfelt tribute to 'The Greatest' Muhammad Ali The Dutch city of Utrecht is planning a two-year experiment with a similar plan, handing money to residents who already receive welfare benefits. The unconditional basic income proposal was one of five measures up for decision nationwide Sunday. Proposals to reform publicly owned companies and financing of transport routes was rejected, while voters backed plans to simplify the application procedures for asylum-seekers and another that will allow screening of embryos before they are implanted in the womb. ALSO READ: Remembering when Muhammad Ali destroyed Donald Trump in just 132 words
View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

Rahul Gandhi, Eknath Shinde's Choppers, Bags Checked In Maharashtra
Rahul Gandhi, Eknath Shinde's Choppers, Bags Checked In Maharashtra
'Expired Fire Dousers, Faulty Alarm System': Jhansi Hospital Tragedy Exposes Safety Lapses
'Expired Fire Dousers, Faulty Alarm System': Jhansi Hospital Tragedy Exposes Safety Lapses
Lawrence Bishnoi Plotted Baba Siddique Murder Within 10 Days Of Firing At Salman Khan's House
Lawrence Bishnoi Plotted Baba Siddique Murder Within 10 Days Of Firing At Salman Khan's House
Jhansi Hospital Fire: Akhilesh Yadav Gives THIS Advice To CM Yogi, Takes Dig At Brajesh Pathak
Jhansi Hospital Fire: Akhilesh Yadav Gives THIS Advice To CM Yogi, Takes Dig At Brajesh Pathak
Advertisement
ABP Premium

Videos

Jhansi Medical College Fire: Akhilesh Yadav Slams Yogi Govt, Demands Action as Tragic Fire Claims Lives of 10 NewbornsMaharashtra Elections 2024: Amit Shah Slams LoP Rahul Gandhi Ahead Of Polls | ABP NewsCM Yogi Announces Rs 5 Lakh Compensation for Jhansi Tragedy Victims' Families, Rs 50,000 for the InjuredDelhi Crime: Gunfire Erupts Again in Delhi, Criminals Open Fire in Gokulpuri Area

Photo Gallery

Embed widget