“Human Dignity Is More Than Just Having An Income,” Says CEA Nageswaran

Responding to questions on whether India should revisit the UBI idea, CEA Nageswaran cautions that human dignity is not just about receiving income, but also about how it is earned. He flags serious fiscal challenges, noting that mobile global capital makes it difficult for governments to raise stable revenues to fund such a scheme. Nageswaran argues that UBI cannot be a quick policy fix and would require a broader national compact involving businesses, government, and society. His message, the UBI debate is important, but far more complex than it appears.