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The Survey’s lead author is Arvind Subramanian, chief economic adviser to the government of India and a CGD senior fellow on leave. Subramanian spoke at a recent CGD event on the big ideas currently shaping India’s economy, and he joined me on the podcast to continue the discussion.
One of the big benefits of a UBI, he tells me on the podcast, is that it provides people with a “minimum wherewithal” they can use to access credit, invest, or respond to emergencies. The main challenge, on the other hand, is that the money obviously has to come from somewhere: “you can’t pay for it unless you get rid of something else.”
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