Ebay Founder gives ₹3cr to experiment universal basic income
American e-commerce company Ebay's Founder Pierre Omidyar's philanthropic investment firm, the Omidyar Network, on Wednesday gave over ₹3 crore ($4,93,000) to a group testing universal basic income in Kenya. The group, GiveDirectly, has launched a 12-year program where it plans to give 26,000 Kenyans some money regularly. GiveDirectly has raised $23.7 million of its targeted $30 million.