The Indian Ministry of Finance’s 2017 Economic Survey considers—though does not commit to—the idea of a large-scale experiment in UBI, or universal basic income. How would it work? What effects would it have? Arvind Subramanian—lead author of the Survey, chief economic adviser to the government of India, and a CGD senior fellow on leave—joins me to discuss the big ideas currently shaping India’s economy.
Rajesh Mirchandani, CGD vice president of communications and policy outreach, interviews development experts in this weekly podcast. The blog offers a short text summary.