India

Demonetization is yesterday’s news. The India of today is going full steam ahead towards a digital economy powered by financial inclusion, the mobile revolution, and Aadhaar—the biometric ID system that now covers 90 percent of its 1.3 billion population. And the social compact of the fu...

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 econo...

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 econo...

A UBI is an expensive way to reach the poor, but a new report from India suggests that by cutting out the bureaucratic and political middlemen, it may be cheaper than the status quo.

In India, 94% of women in the labor force are in the unorganized sector, their work is generally unrecognized and they often receive no regular salary or workplace benefits. Women can be trapped in perpetual poverty.  

In India, 94% of women in the labor force are in the unorganized sector. Their work is generally unrecognized and they often receive no regular salary or workplace benefits. Reema Nanavaty, Secretary General of India’s largest women's trade union SEWA, discusses why officially recognizing ...

It has been more than 100 days since the Modi government declared that the two largest denomination notes in India—the 500 and 1000 rupee notes—would no longer be accepted as legal tender. The announcement of “demonetization” had an immediate and sweeping effect on Indian hou...