Demonetisation is a major assault on poor: Economist Pranab Bardhan
Economist Pranab Bardhan says PM Narendra Modi and his advisers didn't think of the consequences of note ban, universal basic income could benefit the poor
Mumbai: The demonetisation exercise is a major assault on the poor and won’t change the structural roots of corruption in India, says Pranab Bardhan, professor of economics at University of California, Berkeley. A strong proponent of universal basic income, he says it could be one of the ways in which the government can compensate citizens for the harm caused by the note ban. Edited excerpts from an interview:
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