Japan party calls for Andrew Yang-style universal basic income

Opposition Ishin pledges streamlined social safety net as election nears

20210517N Osaka economy

The conservative Ishin party advocates consolidating social security programs into a single basic income plan.  © Reuters

TSUBASA YODA, Nikkei staff writer

TOKYO -- Japan's conservative opposition Nippon Ishin no Kai (Japan Innovation Party) unveiled a new economic policy plan Monday that would consolidate much of the country's social welfare system into a universal basic income program.

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