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In an article published in Sept 2014, noted economist Ajit Ranade wrote about an important and impending decision (to be made in a part of India). Some of his points:
  • Such proposed decisions inevitably cause 'real estate frenzy'
  • To avoid such problems, in this case, perhaps this should be located in the middle of nowhere (such as Timbaktu, for there is such a place)
  • Or perhaps this should be 'virtual' as there is no real need for this to be located in an actual place.

What decision, which will come into play latest by 2024?

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This day last year: Q.1148

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In Jan 2017, Finland became the first country in Europe to officially experiment with this socio-economic concept. Similar experiments are scheduled for many Dutch cities and the Canadian city of Ontario in 2017. In the case of Finland, the figure is 560 Euros a month. What concept?

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